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Stock Market & Financial Investment News

News Breaks
May 19, 2014
06:44 EDTLMLegg Mason to cut 62 Batterymarch workers after merge, Reuters says
Legg Mason is cutting 62 employees from its Boston-based Batterymarch Financial Management division as it is merged with QS Investors, according to Reuters on Friday, citing comments from a company spokeswoman. Reference Link
News For LM From The Last 14 Days
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April 13, 2015
07:57 EDTLMLegg Mason reports assets under management $702.7B as of March 31
Legg Mason reported preliminary assets under management of $702.7B as of March 31. This month's AUM included preliminary long-term inflows of $2.6B driven by fixed income inflows of $3.9B. Equity and Liquidity outflows were $1.3B and $6.5B, respectively. March AUM included a negative foreign exchange impact of $3.2B.

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