Legg Mason (LM)
Legg Mason News
BALTIMORE, April 17, 2014 /PRNewswire/ -- Legg Mason, Inc. (LM) will announce operating results for its fiscal fourth quarter 2014 ended March 31, 2014 on Thursday, May 1, 2014, in a press release that will be issued at approximately 7:00 a.m. EDT. The press release will also be available on the firm's website at www.leggmason.com. A conference call to discuss the company's results will be hosted by Joseph A. Sullivan, President and CEO of Legg Mason, Inc., at 8:00 a.m., EDT. This call will be open to the general public. Interested participants can access the conference call by dialing 1-800-447-0521 or for international calls 1-847-413-3238, pass code 37074851. Please dial-in at least 10 minutes prior to the scheduled start to ensure connection. The presentation slides that will be reviewed during the conference call will be available on the Investor Relations section of the Legg Mason website shortly after the release of the financial results. For those participants unable to listen to the live broadcast of the conference call, a replay will be available on the Legg Mason website under the Investor Relations section or by dialing 1-888-843-7419 or for international calls 1-630-652-3042, enter Passcode 37074851# when prompted.
Baltimore-based Legg Mason Inc. reported a rise in its assets under management (AUM) as of Mar 31, 2014, as compared with the prior month. Preliminary month-end AUM came in at $701.8 billion, up 1.0% from the prior month.
Invesco reported a marginal decline in preliminary month-end AUM for Mar 2014.
BALTIMORE, April 10, 2014 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $702 billion as of March 31, 2014. March total AUM increased from February primarily ...
Franklin Resources Inc. declared preliminary assets under management (AUM) of $886.9 billion by its subsidiaries for Mar 2014. The company's results exhibited a marginal rise of 0.5% from $882.2 billion as of Feb 28, 2014.
Equities Could Benefit As Global Investors Express Optimism according To Legg Mason Global Investor SurveyPR Newswire 04/07 10:00 ET
NEW YORK, April 7, 2014 /PRNewswire/ -- According to the new Legg Mason Global Investor Survey of 4,320 affluent investors from 20 countries, the vast majority (80.2%) said they were optimistic about investments over the next twelve months. The majority of respondents said they intend to maintain their current asset allocations; The top five investments that investors believe offer the best opportunity over the next twelve months are: The average asset allocation among all respondents globally consists of: "Our survey found a level of optimism shared by investors around the world that is very encouraging," said Matthew Schiffman, managing director and head of global marketing at Legg Mason Global Asset Management. "The fact that more said they are adding equities, and they believe domestic stocks present the best opportunity, says their optimism could translate into a change in investment behavior that may play out in the equities market."
Shares of Legg Mason achieved a new 52-week high, touching $49.50 on Mar 31.