Jun 12

Legg Mason Reports Assets Under Management and Flows for May 2019

Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $757.9 billion as of May 31, 2019.

Jun 11

Legg Mason and Actinver Announce Strategic Alliance in Mexico

Legg Mason, Inc. (NYSE: LM) and Corporación Actinver announced today the signing of a strategic alliance agreement that will allow Actinver to manage and make available to its clients in Mexico funds using investment advice provided by Legg Mason-affiliated asset managers.

May 21

Precidian Investments Receives Exemptive Relief from the SEC for its ActiveShares® Intellectual Property

Precidian Investments today announced that the U.S. Securities and Exchange Commission (SEC) granted exemptive relief for Precidian’s non-transparent exchange-traded fund (ETF) structure, ActiveShares®.

May 20

Legg Mason Appoints Nelson Peltz and Ed Garden of Trian Partners to Board of Directors

Legg Mason, Inc. (NYSE: LM) announced today that it has increased the size of its Board of Directors from 10 to 12 members and has appointed Nelson Peltz and Ed Garden of Trian Fund Management, L.P. (“Trian Partners”) to the Company’s Board of Directors, effective immediately.