In the Margins
Legg Mason Inc. reported losses in its most recent quarter. “Macro headwinds negatively impacted operating results for the quarter, which were disappointing in terms of long-term flows and financial performance,” CEO Joseph Sullivan said. The Baltimore-based company made progress during the quarter in transforming its portfolio, however, an effort it began several years ago to diversify the business, Sullivan said. Read the original story from The Wall Street Journal.
Most Read
In two weeks' time, independent mutual fund directors will gather in New York to discuss issues related board composition and diversity in the boardroom. The directors—and ...
Investment Company Institute CEO Eric Pan came out swinging on Tuesday, delivering keynote remarks to 2024 Investment Management Conference attendees in which he railed against "over-regulation" and vowed ...
A senior member of the Securities and Exchange Commission's Division of Investment Management on Monday indicated to mutual fund industry professionals that the Commission will not ...
Today is International Women's Day, and there's plenty to celebrate in the mutual fund governance space. Women have made strides in recent years in getting into ...