Legg Mason Inc (LM) 31.59 $LM
Western Asset Update on Plan for Money Market Fund Offerings
PR Newswire - Mon Jun 13, 11:09AM CDT
Western Asset Management Company, an investment affiliate of Legg Mason, today announced an update to the preliminary plan for its money market mutual fund product suite's compliance with the U.S. Securities and Exchange Commission (SEC) money market fund reform rules. The initial plans were announced in April 2015, and after further consultation with both investors and distribution partners, the firm can advise the following fund line-up and floating net asset value strike times.
LM: 31.59 (-0.56)
Legg Mason (LM) AUM Improves in May; Inflows Recorded
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 7:40AM CDT
Baltimore-based Legg Mason Inc. (LM) reported a rise in its assets under management (AUM) as of May 31, 2016, as compared with the prior month. Preliminary month-end AUM came in at $717.8 billion, up 1.5% from Apr 2016.
EFSC: 27.24 (-0.32), IVZ: 27.95 (-0.47), LM: 31.59 (-0.56), BEN: 33.27 (-0.52)
Invesco's AUM for May Rises on Higher Money Market Assets
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 7:27AM CDT
Invesco's AUM for May 2016 improved slightly mainly due to higher money market assets and long-term inflows.
SEIC: 49.09 (-0.64), IVZ: 27.95 (-0.47), LM: 31.59 (-0.56), BEN: 33.27 (-0.52)
Legg Mason Reports Assets Under Management and Flows For May 2016
PR Newswire - Fri Jun 10, 7:00AM CDT
Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $717.8 billion as of May 31, 2016. This month's AUM included fixed income inflows of approximately $4.4 billion, which included the previously announced fundings at Western Asset. Equity outflows were approximately $0.9 billion and alternative1 outflows were approximately $0.3 billion. Liquidity inflows were $0.9 billion and this month's AUM included a negative foreign exchange impact of approximately $3.6 billion. May AUM included approximately $9.6 billion2 in AUM related to the EnTrust Capital acquisition, which closed on May 2, 2016.
LM: 31.59 (-0.56)
Franklin's (BEN) AUM Down as Equity Assets Take a Hit
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 5:03PM CDT
Franklin Resources Inc. (BEN) announced preliminary assets under management (AUM) by its subsidiaries of $737.3 billion for May 2016.
SEIC: 49.09 (-0.64), IVZ: 27.95 (-0.47), LM: 31.59 (-0.56), BEN: 33.27 (-0.52)
Morgan Stanley Solicits SEC Consent to Enter ETF Market
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:28AM CDT
In a bid to capitalize on the ongoing ETF boom, Morgan Stanley's (MS) asset management unit sought permission from the U.S. SEC last week to launch its first U.S.-listed ETFs.
GS: 148.63 (-1.26), JPM: 63.27 (-0.57), LM: 31.59 (-0.56), MS: 25.26 (-0.28)
Featured Research Report on Asset Management's Stocks
ACCESSWIRE - Thu Jun 02, 8:15AM CDT
LONDON, UK / ACCESSWIRE / June 2, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Asset Management industry. Companies recently under review include Och-Ziff Capital Management, Legg Mason, Eaton Vance, and SEI Investments. Register with us now for your free membership and see our complete reports on these equities at:
SEIC: 49.09 (-0.64), LM: 31.59 (-0.56), EV: 34.69 (-0.68), OZM: 3.79 (-0.16)
After Yesterday's Rally of 1.52% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue May 31, 4:28PM CDT
Legg Mason (NYSE:LM) traded in a range yesterday that spanned from a low of $34.17 to a high of $34.77. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $34.30 on volume of 978,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LM: 31.59 (-0.56)
SmarTrend Watching for Potential Pullback in Shares of Legg Mason After 1.52% Gain
Comtex SmarTrend(R) - Tue May 31, 4:26PM CDT
Legg Mason (NYSE:LM) traded in a range yesterday that spanned from a low of $34.17 to a high of $34.77. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $34.30 on volume of 978,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LM: 31.59 (-0.56)
Legg Mason Affiliated Closed-End Funds Conference Call Replay Now Available
BusinessWire - Tue May 31, 9:37AM CDT
Investment professionals from Western Asset Management Company ("Western Asset"
, a Legg Mason, Inc. affiliate, participated in a quarterly update conference call, held on April 29, 2016, to discuss their views on the current market and provide their outlook. The call featured investment professionals for closed-end funds that are affiliated with Legg Mason, Inc. ("Legg Mason" and are advised or sub-advised by Western Asset personnel, and included the following speakers:
IGI: 21.74 (+0.07), GDO: 17.18 (-0.11), PAI: 13.98 (+0.02), ESD: 15.11 (-0.13), LM: 31.59 (-0.56), WEA: 13.21 (+0.07), SBW: 10.85 (+0.01), EMD: 10.70 (-0.09), EHI: 9.72 (-0.04), GDF: 8.56 (-0.06)
Legg Mason Set to Possibly Pullback After Yesterday's Rally of 1.04%
Comtex SmarTrend(R) - Fri May 27, 2:18PM CDT
Legg Mason (NYSE:LM) traded in a range yesterday that spanned from a low of $33.67 to a high of $34.30. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $34.20 on volume of 487,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LM: 31.59 (-0.56)
Legg Mason Rises 1.04% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Fri May 27, 2:16PM CDT
Legg Mason (NYSE:LM) traded in a range yesterday that spanned from a low of $33.67 to a high of $34.30. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $34.20 on volume of 487,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LM: 31.59 (-0.56)
Eaton Vance Funds Appoint Two New Trustees
PR Newswire - Fri May 20, 3:01PM CDT
The Boards of Trustees of the Eaton Vance (NYSE: EV) mutual funds and closed-end funds announced today that Mark R. Fetting and Scott E. Wennerholm have been appointed to the Boards and each will join as an independent Trustee effective September 1, 2016.
LM: 31.59 (-0.56), EV: 34.69 (-0.68)
Legg Mason BW Global Income Opportunities Fund Inc. Conference Call Replay and Commentary Now Available
BusinessWire - Fri May 20, 11:43AM CDT
The replay of the Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) conference call, held on May 5, 2016, is now available. Gary Herbert of Brandywine Global Investment Management ("Brandywine" discussed the Fund's investment portfolios and market outlook.
LM: 31.59 (-0.56), BWG: 12.74 (-0.04)
Brandywine Global Wins Institutional Investor's Large-Cap Value Equity Investment Management Award
BusinessWire - Thu May 19, 8:28AM CDT
Brandywine Global Investment Management, LLC, a wholly owned subsidiary of Legg Mason, Inc. (NYSE: LM), announced today that the Dynamic Large-Cap Value Equity strategy, managed by Michael Fleisher, Henry Otto and Steven Tonkovich, received an Institutional Investor U.S. Investment Management Award.
LM: 31.59 (-0.56)
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July, August and September 2016
BusinessWire - Thu May 19, 7:00AM CDT
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July, August and September 2016.
PAI: 13.98 (+0.02), LM: 31.59 (-0.56), WEA: 13.21 (+0.07)
Legg Mason Municipal Securities Closed-End Fund Call and Commentary is Now Available
BusinessWire - Wed May 18, 12:43PM CDT
The replay of the Western Asset Municipal Closed End Funds Conference call, held on April 21, 2016, is now available. During the call, Western Asset Management Company ("Western Asset" Portfolio Manager Rob Amodeo discussed the Funds' investment portfolios and market outlook.
MTT: 25.02 (-0.01), MNP: 17.17 (+0.04), MMU: 15.10 (+0.06), LM: 31.59 (-0.56), SBI: 10.52 (+0.03), MHF: 8.24 (unch)
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July and August 2016
BusinessWire - Tue May 17, 7:00AM CDT
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July and August 2016.
TLI: 10.54 (-0.04), IGI: 21.74 (+0.07), MNP: 17.17 (+0.04), HIO: 4.89 (-0.01), DMO: 23.33 (-0.19), SBI: 10.52 (+0.03), LM: 31.59 (-0.56), MHF: 8.24 (unch), GDF: 8.56 (-0.06), HYI: 14.76 (-0.03), EHI: 9.72 (-0.04), MTT: 25.02 (-0.01), GDO: 17.18 (-0.11), MHY: 4.69 (-0.02), MMU: 15.10 (+0.06), GFY: 15.64 (-0.05), HIX: 6.88 (-0.04)
Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to Their Managed Distribution Policy
BusinessWire - Tue May 17, 7:00AM CDT
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy.
SCD: 12.99 (-0.15), ESD: 15.11 (-0.13), LM: 31.59 (-0.56), SBW: 10.85 (+0.01), EMD: 10.70 (-0.09), BWG: 12.74 (-0.04)
Western Asset Update on Plan for Money Market Fund Offerings
PR Newswire - Mon Jun 13, 11:09AM CDT
Western Asset Management Company, an investment affiliate of Legg Mason, today announced an update to the preliminary plan for its money market mutual fund product suite's compliance with the U.S. Securities and Exchange Commission (SEC) money market fund reform rules. The initial plans were announced in April 2015, and after further consultation with both investors and distribution partners, the firm can advise the following fund line-up and floating net asset value strike times.
LM: 31.59 (-0.56)
Legg Mason (LM) AUM Improves in May; Inflows Recorded
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 7:40AM CDT
Baltimore-based Legg Mason Inc. (LM) reported a rise in its assets under management (AUM) as of May 31, 2016, as compared with the prior month. Preliminary month-end AUM came in at $717.8 billion, up 1.5% from Apr 2016.
EFSC: 27.24 (-0.32), IVZ: 27.95 (-0.47), LM: 31.59 (-0.56), BEN: 33.27 (-0.52)
Invesco's AUM for May Rises on Higher Money Market Assets
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 7:27AM CDT
Invesco's AUM for May 2016 improved slightly mainly due to higher money market assets and long-term inflows.
SEIC: 49.09 (-0.64), IVZ: 27.95 (-0.47), LM: 31.59 (-0.56), BEN: 33.27 (-0.52)
Legg Mason Reports Assets Under Management and Flows For May 2016
PR Newswire - Fri Jun 10, 7:00AM CDT
Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $717.8 billion as of May 31, 2016. This month's AUM included fixed income inflows of approximately $4.4 billion, which included the previously announced fundings at Western Asset. Equity outflows were approximately $0.9 billion and alternative1 outflows were approximately $0.3 billion. Liquidity inflows were $0.9 billion and this month's AUM included a negative foreign exchange impact of approximately $3.6 billion. May AUM included approximately $9.6 billion2 in AUM related to the EnTrust Capital acquisition, which closed on May 2, 2016.
LM: 31.59 (-0.56)
Franklin's (BEN) AUM Down as Equity Assets Take a Hit
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 5:03PM CDT
Franklin Resources Inc. (BEN) announced preliminary assets under management (AUM) by its subsidiaries of $737.3 billion for May 2016.
SEIC: 49.09 (-0.64), IVZ: 27.95 (-0.47), LM: 31.59 (-0.56), BEN: 33.27 (-0.52)
Morgan Stanley Solicits SEC Consent to Enter ETF Market
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:28AM CDT
In a bid to capitalize on the ongoing ETF boom, Morgan Stanley's (MS) asset management unit sought permission from the U.S. SEC last week to launch its first U.S.-listed ETFs.
GS: 148.63 (-1.26), JPM: 63.27 (-0.57), LM: 31.59 (-0.56), MS: 25.26 (-0.28)
Featured Research Report on Asset Management's Stocks
ACCESSWIRE - Thu Jun 02, 8:15AM CDT
LONDON, UK / ACCESSWIRE / June 2, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Asset Management industry. Companies recently under review include Och-Ziff Capital Management, Legg Mason, Eaton Vance, and SEI Investments. Register with us now for your free membership and see our complete reports on these equities at:
SEIC: 49.09 (-0.64), LM: 31.59 (-0.56), EV: 34.69 (-0.68), OZM: 3.79 (-0.16)
After Yesterday's Rally of 1.52% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue May 31, 4:28PM CDT
Legg Mason (NYSE:LM) traded in a range yesterday that spanned from a low of $34.17 to a high of $34.77. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $34.30 on volume of 978,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LM: 31.59 (-0.56)
SmarTrend Watching for Potential Pullback in Shares of Legg Mason After 1.52% Gain
Comtex SmarTrend(R) - Tue May 31, 4:26PM CDT
Legg Mason (NYSE:LM) traded in a range yesterday that spanned from a low of $34.17 to a high of $34.77. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $34.30 on volume of 978,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LM: 31.59 (-0.56)
Legg Mason Affiliated Closed-End Funds Conference Call Replay Now Available
BusinessWire - Tue May 31, 9:37AM CDT
Investment professionals from Western Asset Management Company ("Western Asset"
, a Legg Mason, Inc. affiliate, participated in a quarterly update conference call, held on April 29, 2016, to discuss their views on the current market and provide their outlook. The call featured investment professionals for closed-end funds that are affiliated with Legg Mason, Inc. ("Legg Mason" and are advised or sub-advised by Western Asset personnel, and included the following speakers: IGI: 21.74 (+0.07), GDO: 17.18 (-0.11), PAI: 13.98 (+0.02), ESD: 15.11 (-0.13), LM: 31.59 (-0.56), WEA: 13.21 (+0.07), SBW: 10.85 (+0.01), EMD: 10.70 (-0.09), EHI: 9.72 (-0.04), GDF: 8.56 (-0.06)
Legg Mason Set to Possibly Pullback After Yesterday's Rally of 1.04%
Comtex SmarTrend(R) - Fri May 27, 2:18PM CDT
Legg Mason (NYSE:LM) traded in a range yesterday that spanned from a low of $33.67 to a high of $34.30. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $34.20 on volume of 487,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LM: 31.59 (-0.56)
Legg Mason Rises 1.04% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Fri May 27, 2:16PM CDT
Legg Mason (NYSE:LM) traded in a range yesterday that spanned from a low of $33.67 to a high of $34.30. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $34.20 on volume of 487,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LM: 31.59 (-0.56)
Eaton Vance Funds Appoint Two New Trustees
PR Newswire - Fri May 20, 3:01PM CDT
The Boards of Trustees of the Eaton Vance (NYSE: EV) mutual funds and closed-end funds announced today that Mark R. Fetting and Scott E. Wennerholm have been appointed to the Boards and each will join as an independent Trustee effective September 1, 2016.
LM: 31.59 (-0.56), EV: 34.69 (-0.68)
Legg Mason BW Global Income Opportunities Fund Inc. Conference Call Replay and Commentary Now Available
BusinessWire - Fri May 20, 11:43AM CDT
The replay of the Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) conference call, held on May 5, 2016, is now available. Gary Herbert of Brandywine Global Investment Management ("Brandywine"
discussed the Fund's investment portfolios and market outlook. LM: 31.59 (-0.56), BWG: 12.74 (-0.04)
Brandywine Global Wins Institutional Investor's Large-Cap Value Equity Investment Management Award
BusinessWire - Thu May 19, 8:28AM CDT
Brandywine Global Investment Management, LLC, a wholly owned subsidiary of Legg Mason, Inc. (NYSE: LM), announced today that the Dynamic Large-Cap Value Equity strategy, managed by Michael Fleisher, Henry Otto and Steven Tonkovich, received an Institutional Investor U.S. Investment Management Award.
LM: 31.59 (-0.56)
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July, August and September 2016
BusinessWire - Thu May 19, 7:00AM CDT
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July, August and September 2016.
PAI: 13.98 (+0.02), LM: 31.59 (-0.56), WEA: 13.21 (+0.07)
Legg Mason Municipal Securities Closed-End Fund Call and Commentary is Now Available
BusinessWire - Wed May 18, 12:43PM CDT
The replay of the Western Asset Municipal Closed End Funds Conference call, held on April 21, 2016, is now available. During the call, Western Asset Management Company ("Western Asset"
Portfolio Manager Rob Amodeo discussed the Funds' investment portfolios and market outlook. MTT: 25.02 (-0.01), MNP: 17.17 (+0.04), MMU: 15.10 (+0.06), LM: 31.59 (-0.56), SBI: 10.52 (+0.03), MHF: 8.24 (unch)
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July and August 2016
BusinessWire - Tue May 17, 7:00AM CDT
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July and August 2016.
TLI: 10.54 (-0.04), IGI: 21.74 (+0.07), MNP: 17.17 (+0.04), HIO: 4.89 (-0.01), DMO: 23.33 (-0.19), SBI: 10.52 (+0.03), LM: 31.59 (-0.56), MHF: 8.24 (unch), GDF: 8.56 (-0.06), HYI: 14.76 (-0.03), EHI: 9.72 (-0.04), MTT: 25.02 (-0.01), GDO: 17.18 (-0.11), MHY: 4.69 (-0.02), MMU: 15.10 (+0.06), GFY: 15.64 (-0.05), HIX: 6.88 (-0.04)
Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to Their Managed Distribution Policy
BusinessWire - Tue May 17, 7:00AM CDT
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy.
SCD: 12.99 (-0.15), ESD: 15.11 (-0.13), LM: 31.59 (-0.56), SBW: 10.85 (+0.01), EMD: 10.70 (-0.09), BWG: 12.74 (-0.04)
