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.

US equities post-Covid-19: The winners and losers as the economy recovers

Tech and healthcare offer the best investment opportunities for the remainder of 2020

US
26 June 2020

Mark Whitehead to leave Martin Currie in December

Securities Trust of Scotland serves protective notice

People moves
04 June 2020

Legg Mason's Osmani shuns FAANGs to outperform US market

Concerns over Facebook and Google behind move

Multi-asset
03 June 2020

Update: Gent joins Artemis as intermediated business head

Departs Allianz GI after three years

People moves
21 May 2020

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

A new beginning for Europe?

Europe
18 May 2020

US asset managers suffer record monthly withdrawals in March - reports

Brokers cut profit forecasts

Funds
14 April 2020

Federated Hermes appoints head of UK wholesale

Joins from Kames Capital

Business roles
31 March 2020

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

Relief for small business owners

Economics
23 March 2020

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

Flurry of mergers potentially puts smaller fund houses at risk

Markets
09 March 2020

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

Coronavirus concerns

Economics
04 March 2020

Martin Currie hires TMT PM from BlackRock

Global Long-Term Unconstrained Equity manager

Fund management
03 March 2020

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

Perfect storm of cost saving and regulatory burden behind deals

Funds
26 February 2020

Update: Franklin Templeton confirms £1.1trn Legg Mason tie-up 'remains on track'

Legg Mason to be valued at $50 per share

Industry
18 February 2020

The catalysts for a US manufacturing recovery

In the US, one exciting opportunity is in sustainable packaging, where volumes are moving meaningfully toward aluminium, which is infinitely recyclable and should have a lower overall life cycle impact compared to plastic.