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Tag Archives: Legg Mason

Former CEO of Western Asset dies (access required)

(Bloomberg) W. Curtis Livingston III, the chief executive officer who led Western Asset Management Co. during its purchase by Legg Mason Inc. and then oversaw a 14-fold surge of invested client money, has died. He was 71. He died on ...

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Legg Mason’s AUM up in September

Legg Mason Inc., the Baltimore-based asset manager, reported last week that assets under management in September were $707.8 billion, up 7.9 percent from $656.0 billion in September 2013. Fixed income investments closed at $360.4 billion, an increase from last year’s ...

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Legg Mason’s college savings plan rates high

Legg Mason Inc., the Baltimore-based investment firm, announced that its Scholars Choice College Savings Program has again ranked among the nation’s best advisor-sold 529 plans. Its three-year track record has rated among the top two performing plans for three straight ...

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Legg Mason completes Currie deal

Legg Mason, the Baltimore-based money manager, announced on Wednesday that it has completed the acquisition of Martin Currie, an international equity specialist headquartered in Edinburgh, Scotland. Martin Currie had assets under management of $10.1 billion as of Aug. 31, while ...

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Legg Mason assets up 8.5 percent in August

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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Legg Mason affiliate Western Asset completes IPO

Western Asset Middle Market Income Fund Inc. has completed its initial public offering and raised approximately $327 million through its common stock, the firm announced Wednesday. Western Asset Middle Market Income Fund, a closed-end investment management company, is advised by ...

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Legg Mason’s assets up in July (access required)

Legg Mason

Legg Mason Inc., the Baltimore-based asset manager, reported on Tuesday that assets under management in July were $693 billion, up 5.6 percent from $656.4 billion in July 2013. Fixed income investments closed at $361.4 billion, an increase from last year’s ...

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