Legg Mason's Assets Under Management Down in July 2011

Legg Mason, Inc. (NYSE: LM) with headquarters in the Harbor East section of Baltimore reported a decline in Assets Under Management (AUM) for the month of July.

The preliminary results showed total AUM of $655.4 Billion as of July 31, 2011 compared to $662.5 Billion in June 2011.

Legg Mason is one of Baltimore's largest companies and is a global asset manager with a market value of approximately $4 Billion.

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