Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: Legg Mason Inc.

Remain disciplined despite market’s volatility, Md. financial advisers say (access required)

Maryland money managers preached patience after a tumultuous week reintroduced volatility to the stock market, triggering headlines and frequent push alerts from news services. The Dow Jones Industrial Average and S&P 500 dipped into a correction this week, but the underlying ...

Read More »

Legg Mason reports December assets under management (access required)

Baltimore-based global asset management firm Legg Mason Inc. reported preliminary assets under management of approximately $710.4 billion as of December 31, 2016. December’s AUM included long-term outflows of $0.3 billion, driven by net outflows in equities of $0.6 billion and ...

Read More »

Legg Mason buys online investment advisor Financial Guard (access required)

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 the acquisition were not disclosed. Legg Mason says it will operate Financial Guard as ...

Read More »

Legg Mason AUM up slightly

Legg Mason Inc., the Baltimore-based asset manager, reported Tuesday that assets under management in February were $711.0 billion, about 1.8 percent up from last February’s $698.4 billion and about three-quarters of a percentage point up from January’s $705.7 billion. Fixed ...

Read More »

Legg Mason’s AUM rises in January

Legg Mason Inc., the Baltimore-based asset manager, reported Tuesday that assets under management in January were $705.7 billion, about 3.8 percent up from last January’s $679.9 billion and less than a half-percentage point down from December’s $709.1 billion. Fixed income ...

Read More »

After oil bust, Legg creating energy funds (access required)

Legg Mason is creating funds to invest in energy companies, joining the world’s biggest money managers in seeking opportunities after the price of oil plunged. “We have mandates related to specific clients, one-on-one client strategies around being opportunistic in the ...

Read More »

Legg Mason AUM up in December

Legg Mason Inc., the Baltimore-based asset manager, reported Tuesday that assets under management in December were $709.1 billion, up from November’s $707.4 billion and a 4.4 percent increase from $679.5 billion in December 2013. Fixed income investments in December closed ...

Read More »

Legg Mason AUM down month-over-month (access required)

Legg Mason Inc., the Baltimore-based asset manager, reported Wednesday that assets under management in November were $707.4 billion, down from October’s $719.5 billion. However, AUM increased from $679.5 billion at the end of last year. Fixed income investments in November ...

Read More »