What is Legg Mason Global Asset Management?

What is Legg Mason Global Asset Management?

Legg Mason was an American investment management and asset management firm headquartered in Baltimore, founded in 1899 and acquired by Franklin Templeton Investments as of July 2020.

What happened to Legg Mason?

Franklin Resources (NYSE:BEN), a holding company that operates the investment management firm Franklin Templeton, just acquired competitor Legg Mason in a $4.5 billion deal that now makes the combined firm one of the world’s largest in assets under management.

Is Legg Mason listed?

This website is owned and operated by Legg Mason Asset Management Hong Kong Limited (“LMAMHK”), which is an indirect wholly owned subsidiary of Franklin Resources, Inc., a U.S. based financial services holding company that is listed and traded on the New York Stock Exchange.

Where is Legg Mason headquartered?

Baltimore, MD
Legg Mason/Headquarters

Does Legg Mason own clearbridge?

This website is owned and operated by LMIS, which is a wholly owned subsidiary of Legg Mason, Inc. (“Legg Mason”) a U.S.-based financial services holding company whose shares are listed and traded on the New York Stock Exchange, Inc.

Is Legg Mason a public company?

1983: Legg Mason becomes a publicly traded company. Its stock symbol LM is listed on the New York Stock Exchange.

Who owns ClearBridge asset management?

Legg Mason
ClearBridge Investments, LLC/Parent organizations

Who owns Western Asset Management?

Western Asset Management Company/Parent organizations

Western Asset Management Company was founded in October 1971 by United California Bank (which later became First Interstate), and became an SEC-registered investment advisor in December of that year. In December 1986, Western Asset was acquired by Legg Mason, Inc.

Does Legg Mason own ClearBridge?

Is ClearBridge part of Legg Mason?

Legg Mason affiliates ClearBridge Investments and RARE Infrastructure have completed a business integration that will create operational efficiencies and growth opportunities across both firms. Moving forward they will operate as an integrated investment management firm under the ClearBridge Investments brand.

Does Legg Mason own Western Asset management?

Early years (1971-1986) Western Asset Management Company was founded in October 1971 by United California Bank (which later became First Interstate), and became an SEC-registered investment advisor in December of that year. In December 1986, Western Asset was acquired by Legg Mason, Inc.

How many employees does Western Asset management have?

849
Western Asset Management Company has 849 total employees across all of its locations and generates $267.59 million in sales (USD).

Where can I find Legg Mason investment products?

New Website Coming Soon! We’re getting ready to launch a new digital experience to provide you with one-stop access to our investment strategy line-up, including legacy Legg Mason products, on franklintempleton.com. Learn more about Franklin Templeton investment solutions. Focused on delivering better client outcomes.

Who is the parent company of Legg Mason?

Review this information carefully before you make any investment decision. Legg Mason Investor Services LLC, is a wholly-owned subsidiary of Franklin Resources, Inc. This content is not approved for use by Primerica Representatives.

Do you have to leave Legg Mason website?

YOU ARE LEAVING LEGGMASON.COM AND BEING DIRECTED TO A NEW SITE. By accepting, you consent to leave the website of Legg Mason Investor Services, LLC, (LMIS) a registered broker-dealer, and a subsidiary of Franklin Resources, Inc.