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Legg Mason, Inc.

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Top Legg Mason, Inc. Articles see all

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  • 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.
  • 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. The Baltimore-based company said it earned $72.2 million, or 61 cents per share, in the three...

    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...

    Industry experts suggest what Legg Mason's new CEO must do

    Industry experts suggest what Legg Mason's new CEO must do
    After more than four months without a permanent leader, Legg Mason Inc.'s search for a new CEO might finally be near the end. It probably can't come soon enough for employees and investors who have lived through months of uncertainty. "The longer it...