The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).
As markets recognized this, the stock would re-rate. To be sure, while we were writing this rationale, the actual operating metrics for the bank were deteriorating, but by using some contortion of the mean reversion logic, we convinced …
But when it comes to exchange-traded funds, Legg Mason is a spring chicken. After a couple of misfires – including filing in 2011 for a fixed-income ETF that never launched and filing in 2012 to create some index products – Legg Mason
GE said the move to buy LM Wind Power will be completed in the first half of 2017, and will be accretive earnings beginning in 2018. The acquisition allows “in-sourcing” of turbine blade design and manufacturing to the company’s …
Famed fund manager Bill Miller cut his teeth and made millions picking the right stocks during his multi-year tenure at Legg Mason (LM), where he beat the S&P 500 for 15-years straight. Continue Reading Below Now he’s picking stocks …
The $A580 million LM First Mortgage Income fund was sold in New Zealand by several financial advisers, including Money Managers, now known as MMG Advisory Partners, but in March last year it was frozen as investors rushed for the …