Citi Upgrades Legg Mason (LM) to Buy

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Legg Mason, Inc. (LM) AUM at $673.2B in April

May 12, 2014 7:58 AM EDT

Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $673 billion as of April 30, 2014. This month's AUM reflected favorable markets including approximately $800 million of positive foreign exchange, and solid long-term inflows. Long-term inflows were driven by significant fixed income inflows partially offset by modest equity... More