Western Asset Management Loses Institutional Clients in Wake of Fraud Charges Against Former Executive
In recent months, public pension funds in California, Kansas, and London have joined the ranks of clients exiting ...
Pensions&Investments10d
CalSTRS cuts Western Asset Management from fixed-income lineup
CalSTRS is in the process of “defunding” its roughly $1.1 billion allocation to Western Asset Management Co., joining a ...
Pensions&Investments29d
Ohio Police & Fire terminates WAMCO from short-term cash portfolio
Ohio Police & Fire Pension Fund, Columbus, terminated Western Asset Management Co. from a $180 million short-term cash portfolio. The $18.9 billion pension fund’s board approved the termination ...
Business Insider5y
Saba Capital is targeting a unit of Legg Mason in an activist campaign. Another Legg Mason business stands to profit if it's successful.
Boaz Weinstein's latest activism campaign in closed-end funds has affiliates of the $750 billion asset manager Legg Mason on opposite sides of the proxy fight. Weinstein's Saba Capital, a $1.7 ...
Morningstar19d
Franklin Resources Earnings: Western Asset Management Woes Continue to Outweigh Other Results
Net long-term outflows reached $50.0 billion during the quarter, driven primarily by $67.9 billion of outflows from Western Asset Management following the bond shop's receipt of a Wells notice ...
Macau Business22d
Western Asset Mutual Fund Announcement: Western Asset Mutual Fund Investors That Suffered Losses Are Encouraged...
Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of Western Asset Management Company mutual fund investors resulting from ...