Exhibit 21
Significant Subsidiaries
The following table lists the direct and indirect subsidiaries of Legg Mason, Inc. as of March 31, 2016*. |
Name of Subsidiary | State (Jurisdiction) or Incorporation or Organization | |
QS Batterymarch Financial Management, Inc. | Maryland | |
Brandywine Global Investment Management, LLC | Delaware | |
ClearBridge Investments, LLC | Delaware | |
ClearBridge, LLC | Maryland | |
Legg Mason & Co., LLC | Maryland | |
Legg Mason Fund Asset Management, Inc. | Delaware | |
Legg Mason International Holdings, LLC | Delaware | |
QS Investors, LLC | Delaware | |
QS Investors Holdings, LLC | Delaware | |
Legg Mason Investor Services, LLC | Delaware | |
Legg Mason Partners Fund Advisor, LLC | Delaware | |
Legg Mason Private Portfolio Group, LLC | Delaware | |
LM Asset Services, LLC | Delaware | |
Royce & Associates, LLC | Delaware | |
Royce Fund Services, Inc. (1) | New York | |
Royce Management Company, LLC (1) | New York | |
Western Asset Management Company | California | |
Legg Mason Canada Holdings Ltd. (2) | Canada | |
Brandywine Global Investment Management (Canada), LLC. (3) | Canada | |
Legg Mason Investments (Luxembourg) S.A. (4) | Luxembourg | |
Legg Mason Funding Limited | Cayman Islands | |
Legg Mason Global Holdings Limited | Cayman Islands | |
Legg Mason International Holdings (Cayman) Limited (5) | Cayman Islands | |
Martin Currie (Holdings) Limited (6) | Bermuda | |
Martin Currie Limited (6) | Scotland | |
Martin Currie Investment Management Limited (7) | Scotland | |
Martin Currie Funds Management Limited (7) | Scotland | |
Martin Currie Asia Pte Limited (7) | Singapore | |
Martin Currie, Inc. (7) | New York | |
Martin Currie Investor Services, Inc. (7) | Delaware | |
Martin Currie Bermuda Limited (7) | Bermuda | |
Martin Currie Absolute Return Fund GP Limited (7) | Bermuda | |
Permal Group Ltd (5) | England and Wales | |
LM International Holding LP (8) | Cayman Islands | |
Legg Mason International Equities Limited (9) | England and Wales | |
Legg Mason Asset Management Hong Kong Limited (9) | Hong Kong | |
Legg Mason International Equities (Hong Kong) Limited (9) | Hong Kong | |
Legg Mason Asset Management (Singapore) Pte Ltd. (9) | Singapore | |
Western Asset Management Company Pte Ltd. (9) | Singapore | |
Western Asset Management (UK) Holdings Limited (9) | England and Wales | |
Western Asset Management Company Limited (10) | England and Wales |
LM Holdings Limited (9) | England and Wales | |
Legg Mason Investments Holdings Limited (11) | England and Wales | |
Brandywine Global Investment Management Europe (9) | England and Wales | |
Legg Mason Investment Funds Limited (9) | England and Wales | |
Legg Mason Investments (Europe) Limited (9) | England and Wales | |
Legg Mason Holdings 2 Limited (9) | England and Wales | |
Legg Mason & Co (UK) Limited (9) | England and Wales | |
Legg Mason (Chile) Inversiones Holdings Limitada (9) | Chile | |
Martin Currie Asset Management Australia Limited (9) | Australia | |
Legg Mason Australia Holdings Pty (9) | Australia | |
RARE Infrastructure Limited (12) | Australia | |
Legg Mason Holdings, LLC (5) | England and Wales | |
Western Asset Holdings (Australia) Pty Limited (9) | Australia |
(1) Subsidiary of Royce & Associates, LLC | ||
(2) Subsidiary of Nova Scotia Company | ||
(3) Subsidiary of Legg Mason Canada Holdings Ltd. | ||
(4) Subsidiary of Legg Mason, Inc. and Legg Mason International Holdings, LLC | ||
(5) Subsidiary of Legg Mason Global Holdings Limited | ||
(6) Subsidiary of Legg Mason International Holdings (Cayman) Limited | ||
(7) Subsidiary of Martin Currie Limited | ||
(8) Subsidiary of Legg Mason International Holdings, LLC, Legg Mason Global Holdings Limited, and LM Funding Limited | ||
(9) Subsidiary of LM International Holding LP | ||
(10) Subsidiary of Western Asset Management (UK) Holdings Limited | ||
(11) Subsidiary of LM Holdings Limited | ||
(12) Subsidiary of Legg Mason Australia Holdings Pty | ||
* Certain subsidiaries that are not significant have been omitted. |