- Barrons.com•2 days ago
Despite mixed fund flows data from big asset managers, the industry’s AUM still rose more than 3% during the third quarter, according to data from Moody’s. And BlackRock (BLK) was the big winner. According to a report released today, the nation’s largest asset manager increased AUM by 4.6% during the third quarter. As for long term gains, the industry’s AUM rose 3.6%, fueled again by BlackRock.
- American City Business Journals•3 days ago
Legg Mason Inc. will no longer be a part of the S&P 500, effective Dec. 2. S&P Dow Jones Indices announced late Tuesday that Nashville, Tenn.-based AmSurg Corp. will replace the Baltimore money manager in the S&P 500. Legg will move to the S&P MidCap 400.
- PR Newswire•3 days ago
PASADENA, Calif., Nov. 30, 2016 /PRNewswire/ -- Today, as global financial markets weigh the longer-term implications of the Brexit vote and what Donald Trump's Presidency will mean, an unconstrained strategy can be a source of return for investors in fixed income. It will be important, however, to consider risk tolerances when choosing a strategy. "At a minimum, we define each unconstrained fund on three parameters," explained Joe Filicetti, Product Specialist at Western Asset Management Company. Western Asset is often asked to explain what exactly is "unconstrained" investing.
LM : Summary for Legg Mason, Inc. Common Stock - Yahoo Finance
Legg Mason, Inc. (LM)
NYSE - NYSE Delayed Price. Currency in USD
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|Bid||25.34 x 500|
|Ask||31.36 x 400|
|Day's Range||31.19 - 32.17|
|52 Week Range||24.93 - 44.20|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-38.44|
|Dividend & Yield||0.88 (2.74%)|
|1y Target Est||N/A|