Legg Mason Inc., the Baltimore-based asset manager, reported on Wednesday that assets under management in August were $711.2 billion, up 8.5 percent from $644.5 billion in August 2013. Fixed income investments closed at $367.9 billion, an increase from last year’s ...

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A week that began with Robert N. Santoni announcing his family would be closing its 83-year-old Highlandtown supermarket is scheduled to end with a federal court appearance Friday.

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Legg Mason Inc., of Baltimore, a global asset manager, reported August's assets under management totaled $644.5 billion, a 0.83 percent increase from AUM of $639.2 billion in August 2012.

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Severn Bancorp Inc., of Annapolis, parent company of Severn Savings Bank, reported second-quarter net income of $232,000, or 1 cent per share, an 80.7 percent decrease from net income of $1.2 million, or 8 cents per share, for the prior-year ...

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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. reported assets under management in April 2013 totaled $655.4 billion, a 2.5 percent increase over the $639.3 billion that the company reported in April 2012.

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Investors hear a lot about the benefits of asset allocation, that is, spreading your assets among different types of investments to help reduce risk. But less discussed is an equally important measurement: correlation, which is a way to measure how closely related two types of investments are. In theory, you could be invested in multiple securities of differing types and classes, but if they are all closely correlated, your portfolio may not be as diverse as you think — and could open you up to more risk than you intended.

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Mutual fund company Legg Mason Inc. on Monday said that it had $645.6 billion in assets under management at the end of October, down 0.8 percent from a month earlier. The Baltimore-based company’s total assets are up 3 percent in ...

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Legg Mason Inc. executives are fresh off a quarter marked by slight growth and — at long last — net cash inflows, but they aren’t pretending to ignore what’s really on the minds of investors and analysts. As the search ...

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Recent studies indicate that investors are turning increasingly to commodities, hedge funds, private equity and other alternative investments to bolster returns and diversify their holdings.

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