Managers and fund buyers have begun rotating out of UK mid- and small-cap stocks in anticipation of a mega-cap resurgence.
Legg Mason's Bill Miller is struggling to find the ‘extraordinary' value in the US he did last year, and said equity markets could rise even higher in 2014.
Legg Mason has launched an offshore version of its Legg Mason Income Optimiser fund, also to be managed by Regina Borromeo.
Legg Mason Capital Management's US fund manager Mary Chris Gay has exited the firm, Investment Week, IFAonline's sister title, can reveal.
Legg Mason has appointed Joseph Sullivan president and permanent chief executive, after he served four months as interim chief executive.
The start of 2013 has brought some New Year cheer to equity investors, with the FTSE 100 recording its best January since 1989.
Legg Mason units ClearBridge Investments and Legg Mason Capital Management (LMCM) are to forge closer links by integrating business operations.
In the latest Big Debate, our panelists from Legg Mason and Rathbone Unit Trust Management discussed Fixed Income.
In the latest Big Debate, our panelists from Legg Mason Global Asset Management, Smith & Williamson and S&P Capital IQ discussed US Equity Income.