Legg Mason Inc. said total assets under management at the end of May 2013 were $654.3 billion, or nearly 4.3 percent higher than the $627.4 billion that the Baltimore-based global asset management firm reported in May 2012. The May 2013 ...

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Legg Mason Inc., of Baltimore, announced that its Board of Directors has declared a 13 cent-per-share quarterly cash dividend on its common stock.

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Peter Teeling has joined Manekin LLC as senior vice president, director of property management. Working from the firm’s Columbia office, the 25-year industry veteran will provide leadership and oversight of the company’s property management division, which currently manages over 9 ...

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NEW YORK — Shares of American Capital Mortgage Investment Corp. are dropping in the real estate investment trust’s trading debut. The subsidiary of asset management company American Capital Ltd. sold 8 million shares at $20 per share in an initial ...

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Money manager Legg Mason Inc. reported increased profit for its fourth quarter, a gain attributed to higher investment-advisory fees. The firm continues, however, to be plagued by money being pulled from funds by clients — $8.7 billion during the fiscal ...

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For decades, two of the best-known asset management firms in the country have shared a ZIP code — but little else — as they took different paths toward building businesses that at one point controlled nearly $1.4 trillion in combined ...

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Legg Mason Inc. reported assets under management rose a miniscule 0.6 percent in December 2010 compared to the prior month. The Baltimore-based asset management company recorded $671.8 billion in the investments it managed in December 2010, compared to $667.7 billion ...

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