Legg Mason
Three buys for Legg Mason as costs rise
Baltimore-headquartered Legg Mason Global Asset Management announced Friday that it has acquired majority stakes in EnTrust Capital and Clarion Partners and a minority stake in Precidian Investments, as it seeks to diversify its offering in the face of rising costs.
Survey: Income investing top priority in Asia
Asian investors seek income products but are too focused on “familiar income-producing asset classes”, according to a Legg Mason survey report.
gap between investment expectations
The gap between investors income expectations and the actual returns they receive has grown over the last year.
Royce to close UK small cap fund
Legg Mason affiliate Royce is considering stemming inflows to its $1.3bn (£780m) UK Small Cap Opportunity fund as it nears capacity.
People Moves | 12 Mar 14
western am elevates lain cohead emging mkt debt
Western Asset Management Company has promoted Chia-Liang Lian to the role of co-head of the emerging markets debt team.