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Legg Mason, Inc.

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  • Legg Mason continues growth after years of withdrawals

    Legg Mason continues growth after years of withdrawals
    Legg Mason Inc. reported Thursday its quarterly profit grew 51 percent, thanks to a strategy that has diversified the money manager's investment portfolio.
  • Legg Mason's assets under management rise 9 percent

    Legg Mason's assets under management rise 9 percent
    Assets under management at Legg Mason Inc. jumped 9 percent in June, compared with a year earlier, the Baltimore money manager said Friday. Legg Mason reported $704.3 billion in managed assets, about $60 billion higher than in June 2013. The company...

    Legg Mason reverses years-long outflow of client cash

    Legg Mason reverses years-long outflow of client cash
    Legg Mason Inc. reported that clients added more than $8 billion in cash to accounts at the Baltimore money manager during its recently finished fiscal year, breaking a six-year streak of client cash flowing the wrong way — out. Legg's net income...

    The day ahead in business

    The day ahead in business
    Reports: December personal income, Chicago ISM for January, U. of M. sentiment index for January, January agriculture prices Local earnings: Abbvie Inc., Mead Johnson Inc. Other earnings: Avery Dennison Corp., Chevron Corp., Dominion Resources Inc., KKR...

    Legg Mason to acquire QS Investors

    Legg Mason to acquire QS Investors
    Legg Mason Inc. has agreed to acquire QS Investors, a New York-based investment firm with $4.1 billion in assets under management and nearly $100 billion in assets under advisory. Financial terms of the deal, announced Tuesday, were not disclosed. The...