Profile: Legg Mason Inc (LM.N)
27 Jun 2016
Legg Mason, Inc., incorporated on January 13, 1981, is a holding company. The Company and its subsidiaries are principally engaged in providing asset management and related financial services to individuals, institutions, corporations and municipalities. The Company operates through Global Asset Management segment. Global Asset Management provides investment advisory services to institutional and individual clients and to the Company-sponsored investment funds. The Company, through its subsidiaries, provides investment management and related services to institutional and individual clients, Company-sponsored investment funds and retail separately managed account programs. The Company offers its products and services directly and through various financial intermediaries. The Company has operations principally in the United States and the United Kingdom and also have offices in Australia, Bahamas, Brazil, Canada, Chile, China, Dubai, France, Germany, Italy, Japan, Luxembourg, Poland, Singapore, Spain, Switzerland and Taiwan.
The Company has investments across fixed income and equities in markets around the world. The Company's assets under management (AUM) are managed across the asset classes, such as equity, fixed income and liquidity. Equity assets include large cap growth, small cap core, large cap value, equity income, international equity, sector equity, mid cap core, emerging markets equity, global equity and large cap core. The fixed income assets include the United States Intermediate Investment Grade, the United States Credit Aggregate, Global Opportunistic Fixed Income, Global Government, the United States Municipal, Global Fixed Income, the United States Long Duration, the United States Limited Duration, the United States High Yield and Emerging Markets. The liquidity assets include the United States Managed Cash and the United States Municipal Cash.
The Company has approximately two principal distribution channels, Global Distribution and Affiliate/Other, through which the Company sells a range of investment products and services. Global Distribution, which consists of its centralized global distribution operations, principally sells the United States and international mutual funds and other commingled vehicles, retail separately managed account programs, and sub advisory accounts for insurance companies and similar clients. Affiliate/Other consists of the distribution operations within its asset managers, which principally sell institutional separate account management, liquidity (money market) funds and funds-of-hedge funds.
Legg Mason Inc
100 International Dr
BALTIMORE MD 21202-4673
Company Web Links
- BRIEF-Legg Mason CEO Joseph Sullivan's FY 2016 total compensation $10.2 mln - SEC filing
- BRIEF-Legg Mason reports assets under management of $707.1 bln as of April 30
- BRIEF-Shanda Media reports 9.9 pct stake in Legg Mason Inc
- BRIEF-Nelson Peltz cuts stake in Legg Mason to 0.48 pct
- BRIEF-Shanda Group makes long term strategic investment in Legg Mason