Source: Finews Asia
Franklin Templeton completes the $4.5 billion acquisition of Legg Mason to create one of the largest asset managers in the world.
Zacks Rank: 2 (Buy) [?]
Legg Mason, Inc. provides securities brokerage, trading and investment services. The firm's segment includes Global Asset Management. The segment: Global Asset Management provides investment advisory services to institutional and individual clients and to company-sponsored investment funds. It also offers Mutual Funds, ETFs, Closed-End Funds, Managed Accounts, Money Market Funds, Variable Investments and 529 College Savings Plans. The company was founded in 1981 and is headquartered in Baltimore, MD.