Legg Mason

Latest stories

2d
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 2 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
3d
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 3 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
3d
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 3 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
4d
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 4 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
5d
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 5 days 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
5d
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 5 days 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
9d
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 9 days 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
10d
Baltimore Sun
Open Society Institute plans to set goals for new Baltimore elected officialsMiller, a former U.S. Treasury leader; Eddie Brown, CEO of Brown Capital Manage
Open Society Institute plans to set goals for new Baltimore elected officials
Baltimore Sun / Posted 10 days ago
Miller, a former U.S. Treasury leader; Eddie Brown, CEO of Brown Capital Management; and Mark R. Fetting, former CEO of Legg Mason. Diana Morris, director of Open Society Institute-Baltimore, said she hopes the summit will help make residents... Read more
12d
Reuters
Goldman asset management executive Gottlieb to leave firmin 2015, according to the Investment Company Institute trade group. Firms from
Goldman asset management executive Gottlieb to leave firm
Reuters / Posted 12 days ago
in 2015, according to the Investment Company Institute trade group. Firms from Goldman to JPMorgan Chase & Co (JPM.N) to Legg Mason Inc (LM.N) have been launching new exchange traded funds to capitalize on an investor shift toward funds with... Read more
12d
Channel NewsAsia
Goldman asset management executive Gottlieb to leave firmfund in 2015, according to the Investment Company Institute trade group. Firms
Goldman asset management executive Gottlieb to leave firm
Channel NewsAsia / Posted 12 days ago
fund in 2015, according to the Investment Company Institute trade group. Firms from Goldman to JPMorgan Chase & Co to Legg Mason Inc have been launching new exchange traded funds to capitalize on an investor shift toward funds with lower fees... Read more
16d
The Daily Record
John P. “Jack” Edgar and Matthew A. Maceof Maryland trust law in years. Edgar is also a former managing director of the
John P. “Jack” Edgar and Matthew A. Mace
The Daily Record / Posted 16 days ago
of Maryland trust law in years. Edgar is also a former managing director of the Trust Advisory Group at the Baltimore-based Legg Mason Investment Counsel & Trust Company. Mace is co-chair of the estates and trusts group at Ober|Kaler and is highly... Read more
17d
The Daily Record
Legg Mason reports June AUM of $741.9B for June Baltimore-based global asset management firm Legg Mason Inc. reported prelimi
Legg Mason reports June AUM of $741.9B for June
The Daily Record / Posted 17 days ago
Baltimore-based global asset management firm Legg Mason Inc. reported preliminary assets under management of $741.9 billion as of June 30. This month's AUM included long-term inflows of $600 million,... Read more
17d
Financial Planning.com
Fear of new competition drives spate of digital dealsbank members cover 40 states and hold an average of $1.5 billion of assets. Ea
Fear of new competition drives spate of digital deals
Financial Planning.com / Posted 17 days ago
bank members cover 40 states and hold an average of $1.5 billion of assets. Earlier, Baltimore-based asset management firm Legg Mason revealed it had taken an 82% stake in robo platform Financial Guard, in an effort to create an alternative avenue... Read more
21d
The Columbus Dispatch
Legg Mason snaps up local 'robo-adviser' firm A small Powell-based company behind a new online technology designed to help
Legg Mason snaps up local 'robo-adviser' firm
The Columbus Dispatch / Posted 21 days ago
A small Powell-based company behind a new online technology designed to help small investors manage their money has been gobbled up by a financial powerhouse. Legg Mason said Friday that it has bought... Read more
22d
Business Wire
ClearBridge American Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 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 June 30, 2016
Business Wire / Posted 22 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
3 related stories
22d
Business Wire
ClearBridge Energy MLP Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2016Energy MLP Opportunity Fund Inc. is a non-diversified, closed-end management in
ClearBridge Energy MLP Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2016
Business Wire / Posted 22 days ago
Energy MLP Opportunity 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
3 related stories
22d
Business Wire
ClearBridge Energy MLP Total Return Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 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 June 30, 2016
Business Wire / Posted 22 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
3 related stories
22d
Business Wire
ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 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 June 30, 2016
Business Wire / Posted 22 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
3 related stories
22d
FOX Business
Tap into Global Growth with Emerging Market ETFsinterest, ETF investors now have a number of new alternative emerging market op
Tap into Global Growth with Emerging Market ETFs
FOX Business / Posted 22 days ago
interest, ETF investors now have a number of new alternative emerging market options to choose from. For example, the Legg Mason Emerging Markets Diversified Core ETF (NASDAQ:EDBI) breaks down the universe of securities into investment... Read more
22d
FOX Business
Tap into Global Growth with Emerging Market ETFsnow have a number of new alternative emerging market options to choose from.Mor
Tap into Global Growth with Emerging Market ETFs
FOX Business / Posted 22 days ago
now have a number of new alternative emerging market options to choose from.More From FOXBusiness.com... For example, the Legg Mason Emerging Markets Diversified Core ETF (EDBI) breaks down the universe of securities into investment categories... Read more
23d
Stamford Advocate
Wall Street is in a 'robo-up or get left behind' worldLegg Mason has joined the club. The fund manager announced on Thursday, July 7
Wall Street is in a 'robo-up or get left behind' world
Stamford Advocate / Posted 23 days ago
Legg Mason has joined the club. The fund manager announced on Thursday, July 7, that that it will be acquiring an 82% majority stake in robo advisor Financial Guard. In doing so, it has become the latest in a long line of Wall Street firms... Read more
3 related stories
23d
Connecticut Post
Wall Street is in a 'robo-up or get left behind' worldLegg Mason has joined the club. The fund manager announced on Thursday, July 7
Wall Street is in a 'robo-up or get left behind' world
Connecticut Post / Posted 23 days ago
Legg Mason has joined the club. The fund manager announced on Thursday, July 7, that that it will be acquiring an 82% majority stake in robo advisor Financial Guard. In doing so, it has become the latest in a long line of Wall Street firms... Read more
3 related stories
23d
San Francisco Chronicle
Wall Street is in a 'robo-up or get left behind' worldLegg Mason has joined the club. The fund manager announced on Thursday, July 7
Wall Street is in a 'robo-up or get left behind' world
San Francisco Chronicle / Posted 23 days ago
Legg Mason has joined the club. The fund manager announced on Thursday, July 7, that that it will be acquiring an 82% majority stake in robo advisor Financial Guard. In doing so, it has become the latest in a long line of Wall Street firms... Read more
3 related stories
23d
Business Insider
Wall Street is in a 'robo-up or get left behind' worldLegg Mason has joined the club. The fund manager announced on Thursday, July 7
Wall Street is in a 'robo-up or get left behind' world
Business Insider / Posted 23 days ago
Legg Mason has joined the club. The fund manager announced on Thursday, July 7, that that it will be acquiring an 82% majority stake in robo advisor Financial Guard. In doing so, it has become the latest in a long line of Wall Street firms... Read more
3 related stories
23d
The Daily Record
Legg Mason buys online investment advisor Financial Guard Legg Mason has agreed to obtain an 82 percent majority equity interest in Fin
Legg Mason buys online investment advisor Financial Guard
The Daily Record / Posted 23 days ago
Legg Mason has agreed to obtain an 82 percent majority equity interest in Financial Guard LLC, an online investment advisor that specialized in technology-enabled advice services. Terms of... Read more
23d
Baltimore Sun
Legg Mason acquires stake in online investment advice siteLegg Mason announced Thursday that it has acquired an 82 percent stake in Finan
Legg Mason acquires stake in online investment advice site
Baltimore Sun / Posted 23 days ago
Legg Mason announced Thursday that it has acquired an 82 percent stake in Financial Guard LLC, an online investment advisory platform. Terms of the deal were not disclosed. Salt Lake City-based Financial Guard offers clients customized financial... Read more
23d
The Economic Times
In UK property turmoil, some wealthy Asians seek bargainsdifficult to make an honest and logical opinion," said London-based Michael Bro
In UK property turmoil, some wealthy Asians seek bargains
The Economic Times / Posted 23 days ago
difficult to make an honest and logical opinion," said London-based Michael Browne, co-portfolio manager of the $294 million Legg Mason Martin Currie European Absolute Alpha Fund. "We're in the worst of the vacuum at this point," B... Read more
26d
Morningstar
Brexit Fears Make Invesco More Attractiverest of the group. The shares are trading at less than 9 times forward earning
Brexit Fears Make Invesco More Attractive
Morningstar / Posted 26 days ago
rest of the group. The shares are trading at less than 9 times forward earnings, which puts Invesco in the same boat with Legg Mason , Waddell & Reed , and Affiliated Managers Group . Of those three, AMG is the only other one we would even... Read more
26d
New Kerala
Asset managers retreat from London following Brexit - newkerala.com #85552Union (EU), with fund companies finalising plans to reduce their reliance on th
Asset managers retreat from London following Brexit - newkerala.com #85552
New Kerala / Posted 26 days ago
Union (EU), with fund companies finalising plans to reduce their reliance on the capital city. M&G, Columbia Threadneedle, Legg Mason, Fidelity International and T Rowe Price have all outlined intentions to move staff out of London or set up fund... Read more
27d
Money Management
Legg Mason fixed income fund gets ratings upgradeRatings house, Zenith, has upgraded the Legg Mason Australian Bond Trust's rati
Legg Mason fixed income fund gets ratings upgrade
Money Management / Posted 27 days ago
Ratings house, Zenith, has upgraded the Legg Mason Australian Bond Trust's rating to ‘highly recommended' for having "one of the strongest offerings in the Australian fixed income peer group". The Australian Bond Trust had been managed by Legg... Read more
29d
Philly.com
Feds: Ousted Montco stockbroker defrauded clients for 6 more years, bought a South Street baradviser in March 2009 after he had allegedly misappropriated $611,013.89 from c
Feds: Ousted Montco stockbroker defrauded clients for 6 more years, bought a South Street bar
Philly.com / Posted 29 days ago
adviser in March 2009 after he had allegedly misappropriated $611,013.89 from customer accounts when he worked at Legg Mason Wood Walker in Baltimore, and Citigroup Global Markets in Bryn Mawr. He was accused by the regulatory authority... Read more
30d
Baltimore Sun
New Maryland law aims to spur retirement savings through state planto make voluntary deductions on behalf of workers who choose to participate. G
New Maryland law aims to spur retirement savings through state plan
Baltimore Sun / Posted 30 days ago
to make voluntary deductions on behalf of workers who choose to participate. Gary Kleinschmidt, head of retirement at Legg Mason Global Asset Management, said he "couldn't be happier" with the way the legislation turned out. Kleinschmidt, who... Read more

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