Asset management company Legg Mason Inc. (LM) Wednesday posted assets under management of $664.6 billion as of March 31, higher than $643.3 billion posted as of March last year, led by a rise in fixed income and liquidity.
Fixed income stood at $365.1 billion, up from $356.1 billion last year, while liquidity was $137.7 billion versus $123.8 billion a year earlier.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.