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Stock Market & Financial Investment News

News Breaks
May 12, 2014
07:58 EDTLMLegg Mason reports assets under management of $673B as of April 30
This month's AUM reflected favorable markets including approximately $800M of positive foreign exchange, and solid long-term inflows. Long-term inflows were driven by significant fixed income inflows partially offset by modest equity outflows, includingB $1B in previously discussed equity redemptions. Liquidity AUM reflects approximately $20 billion in previously disclosed redemptions. Effective April 1, 2014, certain client assets previously reported as AUM have been reclassified as Assets Under Advisement. As a result of this change $12.4B of AUA are excluded for the month of April1.
News For LM From The Last 14 Days
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January 13, 2015
10:00 EDTLMOn The Fly: Analyst Upgrade Summary
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08:00 EDTLMLegg Mason reports preliminary December assets under management of $709.1B
Legg Mason reported preliminary assets under management of $709.1B as of December 31, 2014. This month's AUM included preliminary long-term inflows of $1.7B, reflecting fixed income inflows of $3.0B which were partially offset by equity outflows of $1.3B. Liquidity inflows were $3.8B December AUM included a negative foreign exchange impact of $2.0B.
08:00 EDTLMLegg Mason upgraded at BofA/Merrill
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06:01 EDTLMLegg Mason upgraded to Buy from Neutral at BofA/Merrill
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