Legg Mason Reports Assets Under Management For February 2012

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  Published in Business and Finance on Monday, March 12th 2012 at 5:01 GMT by Market Wire
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Legg Mason Reports Assets Under Management For February 2012 -- BALTIMORE, March 12, 2012 /PRNewswire/ --

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BALTIMORE, March 12, 2012 /PRNewswire/ -- Legg Mason, Inc. (NYSE: [ LM ]) reported preliminary assets under management of $638 billion as of February 29, 2012.  This month's AUM reflects the previously disclosed divestiture of Bartlett & Co. that reduced long-term assets under management by $2.8 billion ($1.8 billion equity and $1.0 billion fixed income).

About Legg Mason

Legg Mason is a global asset management firm with $638 billion in assets under management as of February 29, 2012. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).

SOURCE Legg Mason, Inc.

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