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Legg Mason swings to profit with long-term fund inflows

(Reuters) - Asset manager Legg Mason Inc swung to a profit in the April-June quarter and posted its first quarterly net inflows for long-term funds since 2007, sending its shares up as much as 5 percent in Thursday morning trading. Full story

Legg Mason returns to 1Q profit, shares rise

Money manager Legg Mason Inc. on Thursday posted a profit for its fiscal first quarter, reversing a year-ago loss, and said investors added money to its long-term funds for the first time in nearly six years. Full story

Legg Mason names new chairman

Money manager Legg Mason Inc. said Tuesday that its board named board member Dennis Kass as its non-executive chairman.  Full story

Gabelli's Favorite Bank Stocks

   Mario Gabelli, Gabelli Funds CEO, provides his play on the banking sector, including trades Legg Mason, PNC and M&T Bank.

Get Out of US Treasurys; Buy EM Bonds: Pro

   Steve Smith, Legg Mason, explains why he thinks interest rates aren't done backing up and provides his top emerging markets bond trades.

Legg Mason names search adviser, former GE official to board

(Reuters) - Asset manager Legg Mason Inc <LM.N> on Thursday named a former search firm adviser and the former leader of General Electric Co's <GE.N> asset management business to its board, replacing two directors who will step down in July. Full story

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Articles

Legg's Western Asset investment chief to retire in 2014

Legg Mason may cut funds, offices: CFO

Legg Mason CFO says firm may cut funds, offices

New Legg Mason CEO outlines plans for a turnaround

Exclusive: Legg Mason to name interim CEO Sullivan as next leader

Legg Mason to pay $80 mln plus incentives for Fauchier: filing

Legg Mason reports quarterly loss, CEO search progress

Legg Mason CFO says will report lease write-offs

Legg Mason interim CEO expects permanent CEO soon

Legg Mason board meets to discuss, possibly decide, CEO: sources

Video

  Gabelli: These Stocks Will Double

Mario Gabelli, Gamco Investors chairman, CEO & CIO, reveals the names of two companies that he believes are set to soar; GenCorp, and Legg Mason.

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Related Photos

Handout photo of Joseph Sullivan
Handout photo of Joseph Sullivan

Joseph Sullivan is seen in this handout photo courtesy of Legg Mason Inc. Asset manager Legg Mason Inc named Sullivan as its permanent chief executive, picking an insider to staunch outflows from its funds and smooth relations with its autonomous investment units, February 13, 2013. REUTERS/Legg Mas