Legg Mason Reports Assets Under Management and Flows for February 2018

BALTIMORE, March 12, 2018 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $766.7 billion as of February 28, 2018. This month's AUM included net long-term inflows of $3.4 billion, driven by net inflows in fixed income of $2.8 billion, equity of $0.4 billion and alternative of $0.2 billion. Liquidity outflows were $0.4 billion and this month's AUM included a negative foreign exchange impact of $1.2 billion.

About Legg Mason 
Guided by a mission of Investing to Improve Lives,™ Legg Mason helps investors globally achieve better financial outcomes by expanding choice across investment strategies, vehicles and investor access through independent investment managers with diverse expertise in equity, fixed income, alternative and liquidity investments.  Legg Mason's assets under management are $767 billion as of February 28, 2018.  To learn more, visit our web site, our newsroom, or follow us on LinkedIn, Twitter, or Facebook. 

¹ Effective April 1, 2017, Assets Under Management includes a transfer of certain assets which were previously included in Assets Under Advisement, principally retail separately managed account programs that operate and have fee rates comparable to programs managed on a fully discretionary basis. Comparable AUA for the quarter ended March 2017 was $16.0 billion.

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SOURCE Legg Mason, Inc.