News from legg mason A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

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Feb 08, 2019, 09:45 ET Legg Mason Launches New Actively-Managed Short Duration Income ETF, Subadvised By Affiliate Western Asset Management

Legg Mason, one of the world's largest asset management firms, today announced the launch of its newest actively managed exchange traded fund (ETF),...


Jan 22, 2016, 05:52 ET Correction: Legg Mason Issued Corrected Record Date

Legg Mason, (NYSE:LM) announced the correction of a record date regarding the quarterly dividend payable April 11, 2016 published in the Company's...


Dec 16, 2015, 05:02 ET Legg Mason Portfolio Managers Respond to Federal Reserve Rate Hike

This morning's move by the U.S. Federal Reserve (Fed) to raise interest rates was expected by Legg Mason's bond managers. They believe this first...


Dec 10, 2015, 08:00 ET Legg Mason Reports Assets Under Management and Flows For November 2015

Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $691.4 billion as of November 30, 2015. This month's AUM included...


Nov 11, 2015, 09:00 ET Legg Mason Announces Joseph A. Sullivan, Chairman & CEO, To Speak At Bank Of America Merrill Lynch Banking & Financial Services Conference

Legg Mason, Inc. (NYSE: LM) today announced that Joseph A. Sullivan, Chairman & CEO is scheduled to speak at the Bank of America Merrill Lynch 2015...


Oct 21, 2015, 06:30 ET Legg Mason Completes Acquisition Of RARE Infrastructure Limited

Legg Mason, (NYSE: LM) announced today that it has completed the acquisition of a majority equity interest in RARE Infrastructure Limited, a global...


Oct 13, 2015, 09:00 ET Equity Investors Seeking New Opportunities Should Consider Looking Beyond U.S.

With U.S. equity markets reaching all-time highs in 2015 yet facing increasing uncertainty and volatility, investors seeking to diversify and...


Aug 27, 2015, 09:30 ET Legg Mason's Investment Affiliates Advise Investors: "Take a Deep Breath"

Investors turning on their TVs after U.S. equity markets opened on August 24 were greeted with news that was anything but good: a market correction,...


Jun 16, 2015, 09:00 ET Emerging Markets Gaining Appeal for Returns and Diversification - But Countries Matter

With U.S. equities at historic highs and many fixed income yields close to zero, many investors are looking abroad for better returns. One area of...


Mar 31, 2015, 11:00 ET Western Asset CIO Optimistic About Global Growth Prospects

In his quarterly market outlook webcast, Western Asset Management Chief Investment Officer Ken Leech observed that global economic growth is...


Mar 25, 2015, 10:00 ET In an Unprecedented Market, Today's Value Is Tomorrow's Return

As the US economy continues to improve and the Federal Reserve slowly unwinds its policy of quantitative easing (QE), savvy investors will be well...


Mar 20, 2015, 10:00 ET Near-Term Economic Forecast Maintains Current Momentum

Steady forward momentum and a lack of inflationary pressure are keeping a lid on volatility in US markets, according to noted financial experts at a...


Mar 09, 2015, 10:30 ET U.S. Investors Need $2.5 Million For Retirement

According to a recent Legg Mason survey, U.S. investors said they will need an average of $2.5 million in retirement to enjoy the quality of life...


Feb 12, 2015, 12:00 ET Brandywine Global Considers Energy Cost Declines A Broad Blessing For Worldwide Economies

The global collapse of energy prices has analysts everywhere grasping for answers. No one is certain why prices fell so quickly – despite the myriad...


Jan 26, 2015, 10:00 ET ClearBridge Investments Co-CIO Lauds "Golden Age Of Dividends"

In an AssetTV Masterclass on the market outlook for 2015, Hersh Cohen, the co-chief investment officer and a portfolio manager at ClearBridge...


Jan 22, 2015, 10:00 ET Western Asset's Ken Leech Believes a Global Viewpoint Will Be Critical to Understanding Fixed Income Markets in 2015

Ken Leech, Chief Investment Officer of Western Asset, said that viewing fixed-income markets through a global lens was the key to understanding the...


Dec 16, 2014, 09:00 ET Legg Mason Affiliates Believe 2015 Should Provide Ample Opportunities In US And Global Markets - But The Details Will Matter

Looking back on 2014 as year-end approaches, and looking forward to 2015, the affiliates of global asset manager Legg Mason offer a diversity of...


Nov 20, 2014, 12:04 ET U.S. Economic Growth Moderate Yet Steady As Global Growth And Inflation Downshift

In a Market Commentary issued by Western Asset Management, a Legg Mason Affiliate, Chief Investment Officer Ken Leech expects continued U.S. economic ...


Oct 01, 2014, 08:50 ET Western Asset CIO Forecasts Modest Global Growth, Led by U.S.

Ken Leech, Chief Investment Officer of Western Asset Management, said in a webcast today that his team expects global growth to remain "modest," led...


Jun 02, 2014, 07:30 ET Legg Mason Completes Acquisition Of QS Investors

Legg Mason, (NYSE: LM) announced today that it has completed the acquisition of QS Investors, a leading customized solutions and global quantitative...


May 15, 2014, 10:30 ET ClearBridge Midcap Core Wins U.S. Investment Management Award From Institutional Investor Magazine

The ClearBridge Mid Cap Core strategy was named a winner in the Midcap Core Equity category by Institutional Investor magazine at its 5th Annual U.S. ...


May 12, 2014, 11:00 ET Investors Confident They Will Have Enough Money To Retire But Fear Catastrophic Event Could Derail Their Plans

According to a new survey of 500 affluent U.S. investors released today by Legg Mason, 88% are confident they will have enough money to live the...


Apr 30, 2014, 04:45 ET Legg Mason Appoints Carol A. "John" Davidson To Its Board Of Directors

Legg Mason Inc. (NYSE: LM) today announced the appointment of John Davidson, an executive with significant audit and public company experience, to...


Apr 29, 2014, 03:01 ET Legg Mason Announces Increased Quarterly Dividend

Legg Mason, Inc. (NYSE: LM) announced today that its Board of Directors has declared a quarterly cash dividend on the Company's common stock in the...


Apr 07, 2014, 10:00 ET Equities Could Benefit As Global Investors Express Optimism according To Legg Mason Global Investor Survey

According to the new Legg Mason Global Investor Survey of 4,320 affluent investors from 20 countries, the vast majority (80.2%) said they were...