Legg Mason Inc.
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First Goldman Sachs ETFs are cheaper than some from Vanguard
New ActiveBeta funds, which try to beat the market, give Goldman a foothold in ETFs.
Successful go-anywhere bond funds kept bets in check – but was performance due to skill or luck?
New analysis suggests the difference between top and bottom unconstrained funds was Treasury exposure and the effectiveness of the manager's market timing.
Legg Mason latest mutual fund manager to step into ETFs
Fund company's new products attempt to capitalize on the growth of smart beta.
Legg Mason wants to build 'better' ETFs
Legg Mason Inc. has asked U.S. securities regulators for permission to build index-tracking ETFs, a first step toward building its own business after poaching two Vanguard executives.In a statement Wednesday, Legg Mason said its application is “the next step in building the organizational structure
Liquidity restrictions haunt money-market funds
As investors hunt for yield and security, money-market fund managers detail their changes.
Investors see few benefits of lower fees in adviser-sold investments
Managed accounts sold by advisers deflect trend toward lower-fee money management as brokers work to maintain profits: Cerulli.
Legg Mason snags two top executives from Vanguard for ETF push
Baltimore-based mutual fund manager takes big step toward a popular product.
6 market developments to watch for in 2015
Legg Mason's seven asset management affiliates offer differing views on global investment opportunities ahead.
MLP funds, once seemingly immune, show signs of frailty as energy prices fall
Popular category for yield-starved investors posts first quarterly decline in two years.
Satisfied with Legg Mason turnaround, activist investor Nelson Peltz leaves board
Stock price of money manager more than doubled since 2012 with new CEO and cost cuts as inflows return.
Bill Miller's old fund starts a new streak
Legg Mason Capital Management Value Trust, the fund legendary stock picker Bill Miller famously steered to 15 consecutive years of outperformance, is back to its winning ways. The $2.4 billion mutual fund (LGVAX) returned 30.73% over the one-year period ended May 24, beating the S&P 500's
Do call it a comeback: Bill Miller's old fund starts a new streak
The fall for Legg Mason's Value Trust fund was swift, once its run of besting the S&P 500 for 15 straight years came skidding to a halt. But now, Bill Miller's old fund is starting a new streak — and Miller is on a roll of his own with a different fund.
Legg boss is upbeat, but analyst worries
Firm has seen its total assets under management drop by 35% since 2008, to $654 billion, from $1 trillion.
Shares of asset manager may deserve another look
As investments go, Legg Mason Inc. (LM) has been a bit of a bust for much of the past decade. The stock is up about 6% this year, which is in stride with the S&P 500, but it lags way behind the asset management industry's 12% average performance. On a 10-year annualized basis, the stock is up just
New Legg Mason boss upbeat, but analyst worried about firm 'long-term'
Joseph Sullivan sees better days ahead; bond route could prove nettlesome, warns Morningstar