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In 1973 Legg Mason & Co. merged with New York securities broker Wood Walker. Wood Walker had been founded in 1869. [6] In 1975, Raymond A. Mason became chairman and CEO, adding to his existing role as president. In 1982, Legg Mason Fund Adviser, Inc. was established to manage the company's flagship fund, Legg Mason Value Trust. [5]
In December 2003, the fixed-income division of Rothschild Asset Management (Singapore) Limited was acquired by Legg Mason and merged into the existing operation. To further develop Western Asset's capabilities and global presence, Legg Mason acquired a substantial part of Citigroup 's asset management business in exchange for its brokerage and ...
The ouster of Groupon founder and former CEO Andrew Mason wasn't a surprise. Nor was its timing, following a disappointing Q4 and fiscal 2012 earnings report. With Groupon's search for a new CEO ...
In July 2020, Franklin Templeton acquired Legg Mason, Inc. and its multiple specialist investment managers, establishing Franklin Templeton as one of the world's largest independent, specialized global investment managers with a combined $1.4 trillion in assets under management (AUM) across one of the broadest ranges of high-quality investment ...
Legg Mason to increase stake in Precidian Investments from 20% to 75% to cater increasing needs of clients. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 ...
Traditional mutual fund players like Legg Mason are seeing ETFs as a natural opportunity to share their research and investment strategies with a wider audience. It's just that we find the ETF ...