Legg Mason, Inc., (NYSE:LM), today announced it has launched its first dedicated small-cap, multi-factor ETF, sub-advised by Royce & Associates, a Legg Mason affiliate and small-cap specialist with more than 40 years’ experience in the asset class.
Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $745.0 billion as of June 30, 2017.
Legg Mason, Inc. (NYSE: LM) will announce operating results for its fiscal first quarter 2018 ended June 30, 2017 on Wednesday, July 26, 2017, in a press release that will be issued at approximately 4:00 p.m. EDT.
Equity markets in the U.S. are at or near all-time highs, but with the International Monetary Fund forecasting developed country gross domestic product (GDP) growth of only 1.7 percent through 2022, investors may want to consider other markets.
According to data released today by Legg Mason, U.S. Baby Boomers that invest in defined contribution (D.C.) plans have an average of $263,000 saved in those plans, less than half of the $658,000 they say they will need in their D.C. plan by retirement.
Investors are expecting aggressive, unrealistic returns and higher income than may be available from the retail products they are currently invested in. That is a key conclusion from the annual Global Investor Survey (GIS) conducted by Legg Mason.
Nationwide and Precidian today announced that Nationwide is in negotiations to license Precidian Investments LLC’s patented intellectual property relating to the offering of actively-managed, semi-transparent exchange-traded funds (ETFs).
Legg Mason, Inc. (NYSE:LM) today announced that it has joined more than 150 leading companies to sign on to the CEO Action for Diversity & Inclusion™, the largest CEO-driven business commitment to advance diversity and inclusion in the workplace.