Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • China cuts lending rate as economic data disappoint and Covid cases rise
    • Saudi prince made $500mn Russia bet as Ukraine war started
    • ‘Extreme heat belt’ to place 100mn Americans at risk in 3 decades, research shows
    • Poland’s army of volunteers flags as Ukraine ‘refugee fatigue’ sets in
    • Polio virus reappears in rich economies, exposing gaps in immunisation
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • New UK lender plans 50-year fixed rate mortgages
      • Andreessen Horowitz backs WeWork co-founder’s property venture
      • Saudi prince made $500mn Russia bet as Ukraine war started
      • Activist investor Third Point urges sweeping changes at Disney
      • Warren Buffett’s Berkshire Hathaway makes big bet on US lender Ally Financial
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      • Cryptofinance
      Most Read
      • Saudi prince made $500mn Russia bet as Ukraine war started
      • Live news updates from August 15: China’s central bank lowers rates, Third Point pushes for Disney overhaul
      • Warren Buffett’s Berkshire Hathaway makes big bet on US lender Ally Financial
      • Live news updates: Northern Crimea rocked by fresh explosions
      • Oil prices fall after weaker than expected US and China data
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • The Big Read
      • Lex
      • Obituaries
      • Letters
      Most Read
      • South Africa’s fear of state failure
      • At 75, India is finally ready to join the global party
      • This is not the way to choose Britain’s next prime minister
      • China’s chip breakthrough poses strategic dilemma
      • Why the Fed might be at ‘neutral’ already on monetary policy
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Business Book of the Year 2022 — the longlist
      • Michelle O’Neill: ‘What I won’t allow is the unravelling of the Good Friday Agreement’
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • Is the UK housing market at a turning point?
      • How to eat like a local in Toronto
      • Behind Closed Doors — London’s dens of iniquity
      • An electrifying Mercedes trip in Iceland
      • Bollywood star Aamir Khan on his Hindi remake of Forrest Gump
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Your guide to a disrupted world

    Start a 4-week trial

    Legg Mason Inc

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Friday, 6 November, 2020
      Due Diligence
      Asset management: an activist’s playground

      Nelson Peltz and his hedge fund are pulling the levers of M&A in the sector — and collecting big returns

    • Tuesday, 31 March, 2020
      Corporate bonds
      Bond manager seeks waiver to avoid fire sale of junk bonds

      Western Asset asks for more time to offload corporate debt as virus rating downgrades bite

    • Monday, 24 February, 2020
      Robin Wigglesworth
      Asset managers seek refuge in each other’s arms

      Increasing scale in a tighter sector is tempting, but few past deals stand out as clear success stories

    • Tuesday, 18 February, 2020
      Fund management
      Franklin Templeton swells assets to $1.5tn with Legg Mason deal

      Tie-up of struggling asset managers is about ‘offence not defence’, says chief Jenny Johnson

    • Wednesday, 29 May, 2019
      Lex
      US fund managers: broken Legg Premium content

      Traditional asset managers with assets below $1tn face struggle to stay independent

    • Thursday, 23 May, 2019
      Legg Mason axes 12% of its staff

      US asset manager cuts costs as activist Nelson Peltz joins the board

    • Monday, 20 May, 2019
      Nelson Peltz to rejoin Legg Mason board

      Asset manager also grants Trian’s Ed Garden a board seat to avoid proxy fight

    • Monday, 11 March, 2019
      Fund management
      Movers and shakers, March 11

      Junko Nakagawa becomes chief executive at Nomura

    • Thursday, 28 February, 2019
      Martin Currie Ltd
      Martin Currie promotes Julian Ide to CEO
    • Monday, 4 February, 2019
      Legg Mason outlines plan to cut costs, lower headcount

      US fund house seeks to save $110m over 3 years

    • Saturday, 16 June, 2018
      FTfm
      Brexit contingencies: asset managers put plans into action

      A third of big investment companies have opted for Dublin or Luxembourg

    • Monday, 4 June, 2018
      Financial services
      Legg Mason to pay $64m to settle US Libya corruption probe
    • Friday, 1 June, 2018
      US financial regulation
      Legg Mason flags $67m payment to resolve Libya corruption probe

      US asset manager in talks with DoJ and SEC over work for government linked to dictator

    • Monday, 28 May, 2018
      European companies
      Movers and shakers, May 28

      UK’s Pensions and Lifetime Savings Association appoints Emma Douglas as policy board chair

    • Monday, 30 April, 2018
      US & Canadian companies
      Movers & shakers: April 30

      Janus Henderson hires Georgina Fogo as chief risk officer

    • Monday, 26 February, 2018
      Insurance
      Movers and shakers, February 26

      Emerging markets veteran Mark Mobius to launch fund venture in Europe

    • Monday, 5 February, 2018
      Fund management
      Movers and shakers, February 5

      Och-Ziff has appointed Robert Shafir as chief executive after succession battle

    • Wednesday, 3 January, 2018
      InterviewUS & Canadian companies
      Legg Mason chief warns of ‘disruptive’ period for asset managers

      Joseph Sullivan says industry has become used to ‘unsustainable’ margins

    • Thursday, 30 November, 2017
      FTfmWomen in Asset Management
      Legg Mason launches ‘cutting edge’ parental leave plan

      Men and women in asset manager’s US workforce offered three months paid in full

    • Tuesday, 28 November, 2017
      Fund management
      Legg Mason joins ‘30% Club’ with hire of 2 women directors

      US asset manager adds extra ‘female perspective’ as it beefs up board diversity

    • Sunday, 5 November, 2017
      Fund management
      Fund companies lift the lid on workforce ethnic diversity

      Pressure mounts on industry to shed its ‘pale, male and stale’ image

    • Sunday, 22 October, 2017
      Brexit
      Asset management task force discusses post-Brexit policy

      City minister Stephen Barclay meets industry leaders amid concerns over split from EU

    • Wednesday, 4 October, 2017
      FTfmInvesting in funds
      Be active, not passive, in fixed income

      An experienced bond manager makes all the difference, says Legg Mason’s Thomas Hoops

    • Monday, 10 July, 2017
      Passive Investing
      Smart beta funds stalked by chaotic ‘factor zoo’

      Research warns many of the popular strategies do not perform as well as predicted

    • Sunday, 25 June, 2017
      Fund management
      Movers & shakers: June 26

      Britt Harris is the new CEO of the University of Texas Investment Management Company

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsSecondary Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition
    • Top sections
    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      • Cryptofinance
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • The Big Read
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports
    • FT recommends
    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • FTfm
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Community
      • FT Live
      • FT Forums
      • Board Director Programme
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In