Legg Mason

US asset manager

Legg Mason is a US investment management firm with a focus on asset management and serves customers worldwide.

Legg Mason serves individual and institutional investors on six continents and has $7446bn in AUM (as of 30 June 2018). It uses a multi-manager business model, with each of the company's subsidiaries operating independently.

The company offers products in equities and fixed income, as well as domestic and international liquidity management and alternative investments. Created in 1970 through the acquisition of Mason & Co by Legg & Co to form Legg Mason & Co, it has since become the 20th largest asset manager in the world. Among its brands is Edinburgh-based equity specialist Martin Currie.

Multi-asset

Legg Mason's Osmani shuns FAANGs to outperform US market

Concerns over Facebook and Google behind move

03 June 2020 • 2 min read

People moves

Update: Gent joins Artemis as intermediated business head

Departs Allianz GI after three years

21 May 2020 • 1 min read

Europe

Does the Covid-19 pandemic mark the end of European unity?

A new beginning for Europe?

18 May 2020 • 5 min read

Funds

US asset managers suffer record monthly withdrawals in March - reports

Brokers cut profit forecasts

14 April 2020 • 2 min read

Business roles

Federated Hermes appoints head of UK wholesale

Joins from Kames Capital

31 March 2020 • 1 min read

Economics

ClearBridge's Schulze: $1.5trn fiscal stimulus needed to get markets moving upwards

Relief for small business owners

23 March 2020 • 4 min read

Markets

Will boutiques be forced to change tactics as M&A news dominates?

Flurry of mergers potentially puts smaller fund houses at risk

09 March 2020 • 2 min read

Economics

Fed rate cut reaction: 'Premature' but Bank of England set to follow lead

Coronavirus concerns

04 March 2020 • 3 min read

Fund management

Martin Currie hires TMT PM from BlackRock

Global Long-Term Unconstrained Equity manager

03 March 2020 • 1 min read

Funds

The struggle to survive: Asset management M&A set to pick up

Perfect storm of cost saving and regulatory burden behind deals

26 February 2020 • 4 min read