Legg Mason Reports Assets Under Management For July 2012

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  Published in Business and Finance on Friday, August 10th 2012 at 5:15 GMT by Market Wire
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Legg Mason Reports Assets Under Management For July 2012 -- BALTIMORE, Aug. 10, 2012 /PRNewswire/ --

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BALTIMORE, Aug. 10, 2012 /PRNewswire/ -- Legg Mason, Inc. (NYSE: [ LM ]) reported preliminary assets under management of $636 billion as of July 31, 2012.  This month's AUM reflects the previously disclosed transfer of $2.0 billion of liquidity assets to Morgan Stanley Smith Barney as well as a $2.0 billion redemption from an enhanced liquidity, low fee mandate within fixed income.  

About Legg Mason

Legg Mason is a global asset management firm with $636 billion in assets under management as of July 31, 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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