Publicly traded money managers saw modest gains in assets under management for the quarter ended Sept. 30, helped generally by rising equity markets.
October 25, 2013 | 07:22 pm
Legg Mason reported on Friday a total of $656 billion in assets under management as of Sept. 30, up 2% from June 30 and up 1% from Sept. 30, 2012, according to its earnings release.
October 25, 2013 | 12:03 pm
Legg Mason expects to incur a total of $20 million in severance and other costs in this and the next quarter.
September 11, 2013 | 03:43 pm
Ohio State Highway Patrol Retirement System, Columbus, terminated Western Asset Management Co. from a $22 million domestic high-yield fixed-income portfolio, said Mark Atkeson, executive director.
August 23, 2013 | 02:11 pm
Legg Mason CEO Joseph Sullivan is looking to acquire or create an overseas equity brand, but analysts say he might have trouble attaining his goal.
August 19, 2013
June changed everything.
August 05, 2013
Legg Mason sold Private Capital Management, a value equity subsidiary based in Naples, Fla., to PCM management. Terms were not disclosed.
July 26, 2013 | 04:54 pm
Legg Mason Inc. on Thursday reported a total of $644.5 billion in assets under management as of June 30; down 3.1% from the prior quarter but up 2% from a year earlier.
July 25, 2013 | 11:47 am
Dennis Kass was elected Tuesday as non-executive chairman of Legg Mason Inc.
July 23, 2013 | 03:33 pm
Legg Mason CEO Joseph A. Sullivan said Tuesdaythat among institutional clients, the company is seeing a “continued migration away from the core and core-plus (bond) strategies that we...
June 11, 2013 | 02:55 pm
Legg Mason Capital Management Value Trust, the fund legendary stock picker Bill Miller famously steered to 15 consecutive years of outperformance, is back to its winning ways.
June 06, 2013 | 12:01 am
Legg Mason Inc. is considering expanding into private equity, real estate and infrastructure, said Chief Financial Officer Peter Nachtwey.
June 05, 2013 | 04:35 pm
Mary Chris Gay, who was a portfolio manager on the Legg Mason Capital Management Value Fund, has left the firm.
May 22, 2013 | 03:36 pm
Sacramento County (Calif.) Employees' Retirement System hired Brandywine Global Investment Management to run a global fixed-income portfolio, according to recently released minutes...
May 09, 2013 | 03:55 pm
Legg Mason reported Tuesday assets under management of $664.6 billion as of March 31, up 2.4% from the previous quarter and a 3.3% rise from a year earlier.