Displaying 96 results
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
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
Shifting landscape at Legg Mason could be bringing changes
Legg Mason new head, Joseph Sullivan, faces tall order
Joseph Sullivan has served as Legg Mason's interim boss for five months. Now that he's been given the job permanently, the company's new CEO faces a tough slog.
Legg Mason breaks streak, finally ends net outflows
Money manager stanches bleeding over last 20 quarters; profits up as well in Q2
AllianceBernstein’s iPad app supports multiple uses
AllianceBernstein LP has taken a future-proofing approach to building its slick AB Connect iPad application, which officially launched…
Take cue from Costanza: Do the opposite of your gut
Financial advisers could learn a thing or two from George Costanza of “Seinfeld” when it comes to investing.
Legg’s plan for savings
To take advantage of football season, the Legg Mason Retirement Advisory Council has kicked off the First &…
Time to break up Legg?
Now that its chairman and chief executive, Mark Fetting, is on the way out, Legg Mason Inc. is…
SEC’s new advisory cop learned beat at Legg Mason
After spending more than a decade guiding Legg Mason Inc. through the legal and compliance thicket, Andrew Bowden…
Half mast: Legg Mason’s Bill Miller stepping down from flagship fund
Famed boss of Value Trust on a losing streak; to stay on as head of capital management unit
Exotic strategies a mixed bag for target funds
Mutual fund managers' use of exotic strategies, including leverage and derivatives, so far is yielding varying performance and…
Berkowitz, Heebner and Miller in tight battle – for last place
Bruce Berkowitz, Kenneth Heebner and Bill Miller, three of the best-known U.S. stock pickers, are competing for last place this year after their bets on an economic expansion backfired
Miller’s successor changing little at Value Trust
Bill Miller's decision to relinquish the reigns of Legg Mason Capital Management Value Trust in April is unlikely to herald big changes in how the $2.8 billion fund is being run, according to the fund's incoming lead manager, Sam Peters
Bill Miller takes whopping $550M loss in Kodak moment
Legendary fund manager Bill Miller finally gave up the ghost, unloading his entire stake in Eastman Kodak. The damage? The Legg Mason Capital Management Value Trust took a $550 million hit from the sale.
Performance not only reason for fund loyalty
Aside from investment performance, it is the softer traits that drive financial adviser loyalty to mutual fund providers,…
Franklin Resources is the hottest of the hot
Franklin Resources Inc., whose global brand is Franklin Templeton Investments, is beating every money manager in the S&P 500 this year
Legg Mason’s Bowden named to head SEC exam program
Legg Mason's Andrew J. Bowden will join the SEC as an associate director to lead the National Investment Adviser/Investment Company Examination Program.
Miller’s crossing puts Peters under the gun
Transition of management at Legg Mason's flagship fund may worry some investors; 'you can't come in and be someone else'
Wisconsin’s 529 is the big cheese among adviser-sold plans
Wisconsin's 529 is the top performer among adviser-sold 529 plans