Legg Mason

Latest stories

3d
The Irish Times
Stocktake: CRH investors gain at expense of index fundscheer contrarians betting on an end to European underperformance.The rise and f
Stocktake: CRH investors gain at expense of index funds
The Irish Times / Posted 3 days ago
cheer contrarians betting on an end to European underperformance.The rise and fall of Bill Miller Fund management firm Legg Mason has parted ways with Bill Miller, the iconic stock-picker who spectacularly fell from grace following catastrophic... Read more
5d
The Seattle Times
Star manager’s career shows good, bad of active managementNearly five years ago, when Bill Miller left the Legg Mason Value Trust — the m
Star manager’s career shows good, bad of active management
The Seattle Times / Posted 5 days ago
Nearly five years ago, when Bill Miller left the Legg Mason Value Trust — the mutual fund he once led to an astounding 15 straight years of beating the Standard & Poor’s 500 index — the question was whether the lasting memory of his career would be... Read more
7d
The Daily Record
Legg Mason completes acquisition of Financial Guard LLC Baltimore-based global asset management firm Legg Mason announced Thursday th
Legg Mason completes acquisition of Financial Guard LLC
The Daily Record / Posted 7 days ago
Baltimore-based global asset management firm Legg Mason announced Thursday that it has completed the acquisition of an 82 percent interest in Financial Guard LLC, an online registered... Read more
7d
Money Marketing Online
The Brexit boost for US equitiesus cautious on the broader market for nearly two years – valuations, Fed policy
The Brexit boost for US equities
Money Marketing Online / Posted 7 days ago
us cautious on the broader market for nearly two years – valuations, Fed policy and investor sentiment – also point in a more supportive direction for equities. Evan Bauman is portfolio manager of the Legg Mason Clearbridge US Aggressive Growth... Read more
8d
Money Marketing Online
Playing the 'new Japan' themeAffairs and Communications. However, it is this rapidly shrinking economy and
Playing the 'new Japan' theme
Money Marketing Online / Posted 8 days ago
Affairs and Communications. However, it is this rapidly shrinking economy and aging population where manager of the Legg Mason IF Japan Equity fund sees opportunities. Hideo Shiozumi’s concentrated portfolio of between 25 and 60 holdings... Read more
9d
Market Watch
Whatever happened to the heavyweight mutual fund managers?Almost five years ago, when Bill Miller left the Legg Mason Value Trust — the m
Whatever happened to the heavyweight mutual fund managers?
Market Watch / Posted 9 days ago
Almost five years ago, when Bill Miller left the Legg Mason Value Trust — the mutual fund he once led to an astounding 15 straight calendar years of beating the S&P 500 — the question was whether the lasting memory of his career would be one of... Read more
13d
Financial Planning.com
Famed investor Bill Miller leaves Legg Mason after 35 years(Bloomberg) — Bill Miller is severing ties with Legg Mason after more than thre
Famed investor Bill Miller leaves Legg Mason after 35 years
Financial Planning.com / Posted 13 days ago
(Bloomberg) — Bill Miller is severing ties with Legg Mason after more than three decades. The stock picker, famed for beating the S&P 500 Index for 15 straight years when he ran the Legg Mason Value Trust, will buy Legg Mason's stake in LMM, an... Read more
5 related stories
13d
FOX Business
Bill Miller, Leaves Legg Mason, But Still Hot on AmazonFamed fund manager Bill Miller cut his teeth and made millions picking the righ
Bill Miller, Leaves Legg Mason, But Still Hot on Amazon
FOX Business / Posted 13 days ago
Famed fund manager Bill Miller cut his teeth and made millions picking the right stocks during his multi-year tenure at Legg Mason (NYSE:LM), where he beat the S&P 500 for 15-years straight. Now he’s picking stocks for himself after purchasing Legg... Read more
13d
FOX Business
Bill Miller, Leaves Legg Mason, But Still Hot on AmazonFamed fund manager Bill Miller cut his teeth and made millions picking the righ
Bill Miller, Leaves Legg Mason, But Still Hot on Amazon
FOX Business / Posted 13 days ago
Famed fund manager Bill Miller cut his teeth and made millions picking the right stocks during his multi-year tenure at Legg Mason (LM), where he beat the S&P 500 for 15-years straight. Continue Reading Below Without missing a beat, he was talking... Read more
13d
Zero Hedge
August 12stock picker whose market-beating wisdom defined an earlier era of mutual fund
August 12
Zero Hedge / Posted 13 days ago
stock picker whose market-beating wisdom defined an earlier era of mutual fund dominance, split ways on Thursday with Legg Mason Inc, his professional home for 35 years. http://nyti.ms/2b2FGdM - More leading universities - Duke, Johns... Read more
13d
Money Marketing Online
US stockpicker Bill Miller parts with Legg MasonLegendary US stockpicker Bill Miller has parted ways with Legg Mason, after the
US stockpicker Bill Miller parts with Legg Mason
Money Marketing Online / Posted 13 days ago
Legendary US stockpicker Bill Miller has parted ways with Legg Mason, after the multi-boutique firm decided to concentrate on its core brands. Miller has bought out the 50 per cent share Legg Mason had in his investment business LMM. The division... Read more
5 related stories
14d
Boston Globe
Famed investor Bill Miller leaves Legg MasonBill Miller is severing ties with Legg Mason after more than three decades. Th
Famed investor Bill Miller leaves Legg Mason
Boston Globe / Posted 14 days ago
Bill Miller is severing ties with Legg Mason after more than three decades. The stock picker, famed for beating the S&P 500 Index for 15 straight years when he ran the Legg Mason Value Trust, will buy Legg Mason’s stake in LMM, an investment adviser... Read more
5 related stories
14d
CNBC
Bill Miller drifts from investment industry at seaboth a $21 billion fund with stellar returns and a gargantuan yacht named for S
Bill Miller drifts from investment industry at sea
CNBC / Posted 14 days ago
both a $21 billion fund with stellar returns and a gargantuan yacht named for Sir Thomas More's Utopia. He is leaving Legg Mason after 35 years with a far humbler record. His fate reflects the stormy seas afflicting the investment... Read more
14d
Baltimore Sun
Veteran fund manager Bill Miller separates from Legg MasonVeteran fund manager Bill Miller is separating from Legg Mason Inc., where he b
Veteran fund manager Bill Miller separates from Legg Mason
Baltimore Sun / Posted 14 days ago
Veteran fund manager Bill Miller is separating from Legg Mason Inc., where he built a reputation in the 1990s and early 2000s as a star stock-picker for beating Standard & Poor's 500 index for 15 consecutive years. Miller will buy out Legg Mason's... Read more
5 related stories
14d
Newsmax
Famed Investor Bill Miller Leaves Legg Mason After 35 YearsBill Miller is leaving Legg Mason after more than three decades. The stock pic
Famed Investor Bill Miller Leaves Legg Mason After 35 Years
Newsmax / Posted 14 days ago
Bill Miller is leaving Legg Mason after more than three decades. The stock picker, famed for beating the S&P 500 Index for 15 straight years when he ran the Legg Mason Value Trust, is buying Legg Mason’s stake in LMM LLC, the fund company through... Read more
5 related stories
14d
The Daily Record
Famed investor Bill Miller leaving Legg Mason after 35 years Bill Miller is leaving Legg Mason after more than three decades. The stock pi
Famed investor Bill Miller leaving Legg Mason after 35 years
The Daily Record / Posted 14 days ago
Bill Miller is leaving Legg Mason after more than three decades. The stock picker, famed for beating the S&P 500 Index for 15 straight years when he ran the Legg Mason Value Trust, is... Read more
14d
CNBC
Veteran fund manager Bill Miller leaves Legg Mason after 35 yearsMiller won high regard for picking "value" stocks and making big bets on them w
Veteran fund manager Bill Miller leaves Legg Mason after 35 years
CNBC / Posted 14 days ago
Miller won high regard for picking "value" stocks and making big bets on them with the Legg Mason Value Trust Fund, now the ClearBridge Value Trust Fund. In its heyday, that fund beat the S&P 500 for 15 straight years from 1991 to 2005. Miller left... Read more
14d
Market Watch
Bill Miller formally severs ties with Legg MasonMutual-fund manager Bill Miller has reached a deal to buy out Legg Mason Inc.’s
Bill Miller formally severs ties with Legg Mason
Market Watch / Posted 14 days ago
Mutual-fund manager Bill Miller has reached a deal to buy out Legg Mason Inc.’s stake in the entity that houses his funds, formally severing ties with the firm where he built his fame and fortune. Miller is buying out all of Legg Mason’s LM, +0.44%... Read more
5 related stories
14d
Reuters
Bill Miller leaves Legg Mason after 35 yearsNEW YORK Veteran stock fund manager Bill Miller will leave Legg Mason (LM.N) af
Bill Miller leaves Legg Mason after 35 years
Reuters / Posted 14 days ago
NEW YORK Veteran stock fund manager Bill Miller will leave Legg Mason (LM.N) after 35 years, the Baltimore-based investment company said on Thursday. "I am thankful to Legg Mason for our 35-year relationship and to the many great people I've worked... Read more
15d
The Daily Record
Legg Mason reports $756.6B in assets under management in July Baltimore-based global asset management firm Legg Mason Inc. reported prelimi
Legg Mason reports $756.6B in assets under management in July
The Daily Record / Posted 15 days ago
Baltimore-based global asset management firm Legg Mason Inc. reported preliminary assets under management of approximately $756.6 billion as of July 31. This month's AUM included... Read more
15d
Naked Capitalism
00PM Water Coolerenter the ETF industry as issuers, names like Goldman Sachs, John Hancock; Prin
00PM Water Cooler
Naked Capitalism / Posted 15 days ago
enter the ETF industry as issuers, names like Goldman Sachs, John Hancock; Principal Financial Group; Oppenheimer, Legg Mason, USAA and Franklin Templeton” [ETF.com]. Next: Wells Fargo, Nuveen, Prudential Financial, and Voya. Shipping:... Read more
15d
Business Insider
There's a big misunderstanding about technology's impact on Wall StreetUBS's own wealth management arm with SigFig, Blackrock acquired FutureAdvisor,
There's a big misunderstanding about technology's impact on Wall Street
Business Insider / Posted 15 days ago
UBS's own wealth management arm with SigFig, Blackrock acquired FutureAdvisor, Invesco acquired Jemstep, and last month Legg Mason acquired Financial Guard, among others. Other banks like Wells Fargo, Citi, Deutsche Bank, BBVA and UBS have all... Read more
16d
Money Management
Legg Mason Australia appoints new headMartin Currie senior staffer, Andy Sowerby, has been appointed as the new head
Legg Mason Australia appoints new head
Money Management / Posted 16 days ago
Martin Currie senior staffer, Andy Sowerby, has been appointed as the new head of Legg Mason Australia, effective 8 August 2016. The company announced Sowerby's appointment today, noting that he had worked for Legg Mason affiliate, Martin Currie, as... Read more
16d
The Mercury News
Lending Club Q2 loss up; CFO exitspeople familiar with the matter said Lending Club has been holding talks with W
Lending Club Q2 loss up; CFO exits
The Mercury News / Posted 16 days ago
people familiar with the matter said Lending Club has been holding talks with Western Asset Management Co., a division of Legg Mason Inc., to buy as much as $1.5 billion in loans over time. And a bond deal with Jefferies Group that had been put on... Read more
11 related stories
17d
Boston Globe
LendingClub’s quarterly loss widens; CFO dolan steps downGroup that had been put on hold was revived. And last week, people familiar wit
LendingClub’s quarterly loss widens; CFO dolan steps down
Boston Globe / Posted 17 days ago
Group that had been put on hold was revived. And last week, people familiar with the matter said LendingClub has been holding talks with Western Asset Management Co., a division of Legg Mason Inc., to buy as much as $1.5 billion in loans over... Read more
11 related stories
17d
The Daily Record
Banking on a career: Three women analyze their paths in financein D.C., an office Rosenwald described as having “these unbelievable women.” Sh
Banking on a career: Three women analyze their paths in finance
The Daily Record / Posted 17 days ago
in D.C., an office Rosenwald described as having “these unbelievable women.” She went on to spend most of her career at Legg Mason, and came to RBC nine years ago. Today, she sees greater opportunities for women in the industry. “There is a... Read more
3 related stories
19d
Baltimore Sun
Pay packages for Baltimore-area CEOs are designed to reflect company performancepaid CEOs in the Baltimore area earned less in 2015 than in the previous year.
Pay packages for Baltimore-area CEOs are designed to reflect company performance
Baltimore Sun / Posted 19 days ago
paid CEOs in the Baltimore area earned less in 2015 than in the previous year. They included the CEOs of money managers Legg Mason Inc. and T. Rowe Price Group, Chesapeake Lodging Trust, Medifast Inc., McCormick & Co. and Under Armour. Legg... Read more
20d
The Globe and Mail
Six dividend stock picks, a unique REIT, and why the major indexes are actually actively managedLegg Mason portfolio manager Bill Miller would become famous as the man whose e
Six dividend stock picks, a unique REIT, and why the major indexes are actually actively managed
The Globe and Mail / Posted 20 days ago
Legg Mason portfolio manager Bill Miller would become famous as the man whose equity fund outperformed the S&P 500 15 years in a row, but his career did not start well. In the book “The Man Who Beat the S&P 500”, Mr. Miller recounts terrible... Read more
20d
Business Wire
ClearBridge Energy MLP Total Return Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2016Energy MLP Total Return Fund Inc. is a non-diversified, closed-end management i
ClearBridge Energy MLP Total Return Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2016
Business Wire / Posted 20 days ago
Energy MLP Total Return Fund Inc. is a non-diversified, closed-end management investment company which is advised by Legg Mason Partners Fund Advisor, LLC (“LMPFA”) and subadvised by ClearBridge Investments, LLC (“ClearBridge”). LMPFA and... Read more
2 related stories
20d
Business Wire
ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2016374%. ClearBridge Energy MLP Fund Inc. is a non-diversified, closed-end manage
ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2016
Business Wire / Posted 20 days ago
374%. ClearBridge Energy MLP Fund Inc. is a non-diversified, closed-end management investment company which is advised by Legg Mason Partners Fund Advisor, LLC (“LMPFA”) and subadvised by ClearBridge Investments, LLC (“ClearBridge”). LMPFA and... Read more
2 related stories
20d
Business Wire
ClearBridge American Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2016American Energy MLP Fund Inc. is a non-diversified, closed-end management inves
ClearBridge American Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2016
Business Wire / Posted 20 days ago
American Energy MLP Fund Inc. is a non-diversified, closed-end management investment company which is advised by Legg Mason Partners Fund Advisor, LLC (“LMPFA”) and subadvised by ClearBridge Investments, LLC (“ClearBridge”). LMPFA and... Read more
2 related stories
22d
The Daily Record
Legg Mason prices Junior Subordinated Notes offering Baltimore-based global asset management firm Legg Mason Inc. announced Wednes
Legg Mason prices Junior Subordinated Notes offering
The Daily Record / Posted 22 days ago
Baltimore-based global asset management firm Legg Mason Inc. announced Wednesday that it priced its underwritten public offering of $500 million of Junior Subordinated Notes due 2056 at a price... Read more
22d
Business Wire
CORRECTING and REPLACING Legg Mason BW Global Income Opportunities Fund Inc. Commentary Now AvailableThe corrected release reads: LEGG MASON BW GLOBAL INCOME OPPORTUNITIES FUND IN
CORRECTING and REPLACING Legg Mason BW Global Income Opportunities Fund Inc. Commentary Now Available
Business Wire / Posted 22 days ago
The corrected release reads: LEGG MASON BW GLOBAL INCOME OPPORTUNITIES FUND INC. COMMENTARY NOW AVAILABLE The quarterly commentary for the Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) is now available. Gary Herbert and Jack... Read more
24d
Baltimore Sun
Legg Mason launches new international fundLegg Mason Inc. announced Monday that it launched an international version of i
Legg Mason launches new international fund
Baltimore Sun / Posted 24 days ago
Legg Mason Inc. announced Monday that it launched an international version of its Low Volatility High Dividend ETF as the Baltimore money manager looks to strengthen its global diversity. The Legg Mason International Low Volatility High Dividend... Read more
28d
ajc.com
Ex-Georgia Bulldog Austin Smith to play in BB&T Atlanta Opento how valuable this bid can be for Smith. Isner was in Smith’s shoes nine yea
Ex-Georgia Bulldog Austin Smith to play in BB&T Atlanta Open
ajc.com / Posted 28 days ago
to how valuable this bid can be for Smith. Isner was in Smith’s shoes nine years ago when he received a bid to play in the Legg Mason Tennis Classic in Washington, D.C. Isner made the most of his chance, winning five consecutive matches before... Read more
29d
Baltimore Sun
Legg Mason reports $33.5 million profit for first quarter of fiscal 2017Legg Mason reported on Wednesday a profit of $33.5 million in the first quarter
Legg Mason reports $33.5 million profit for first quarter of fiscal 2017
Baltimore Sun / Posted 29 days ago
Legg Mason reported on Wednesday a profit of $33.5 million in the first quarter of its fiscal year 2017, bouncing back after two consecutive quarters of losses. The Baltimore money manager's first quarter earnings are down, however, from the $94.5... Read more
29d
Market Watch
Legg Mason results miss expectationsLegg Mason Inc. said its profit tumbled by nearly two-thirds in the second quar
Legg Mason results miss expectations
Market Watch / Posted 29 days ago
Legg Mason Inc. said its profit tumbled by nearly two-thirds in the second quarter as skittish investors pulled money from stocks and alternative investments, and as the asset manager booked merger-related charges. The Baltimore-based firm completed... Read more
30d
Baltimore Sun
Legg Mason CEO sees opportunity in market disruptionLegg Mason Inc. CEO Joseph Sullivan told shareholders Tuesday that he was disap
Legg Mason CEO sees opportunity in market disruption
Baltimore Sun / Posted 30 days ago
Legg Mason Inc. CEO Joseph Sullivan told shareholders Tuesday that he was disappointed in the Baltimore money management firms performance in its 2016 fiscal year, but that he has "greater conviction than ever" in the firm's long-term strategy. Legg... Read more
1m
Financial Planning.com
$100M adviser leaves UBS for Steward Partnersmanaged more than $5 billion in client assets. Barberis was also attracted by
$100M adviser leaves UBS for Steward Partners
Financial Planning.com / Posted a month ago
managed more than $5 billion in client assets. Barberis was also attracted by the opportunity to reconnect with former Legg Mason colleagues Constance Miner and Tom O’Bryon II, both of whom were also more recently at UBS and moved to Steward... Read more
1m
Business Wire
BlackRock to Participate in Closed-End Fund Conference Call to be Held on Tuesday, July 26thconditions Featuring:Jon Diorio, Managing Director, BlackRock Will Korver, Di
BlackRock to Participate in Closed-End Fund Conference Call to be Held on Tuesday, July 26th
Business Wire / Posted a month ago
conditions Featuring:Jon Diorio, Managing Director, BlackRock Will Korver, Director, Guggenheim Chris Larsen, Director, Legg Mason Mike Taggart, Vice President, Nuveen About BlackRock Availability of Fund Updates BlackRock will update... Read more
m
Business Wire
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Month of August 2016NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced toda
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Month of August 2016
Business Wire / Posted 1 months ago
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the month August 2016. The following dates apply to the distribution schedule below: The... Read more

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