Legg Mason

Legg Mason

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Legg Mason

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Legg Mason, Inc. () is a global investment management firm with a focus on asset management. The company’s business is divided in two divisions: Americas and International. Legg Mason offers products in equities and fixed income, as well as domestic and international liquidity management and alternative investments (via a funds-of-hedge-funds manager).

Founded in 1899 as a brokerage firm in Baltimore, Maryland, Legg Mason has since become the 15th largest asset manager in the world with clients spread across 190 countries on 6 continents. As of June 30, 2011, Legg Mason's assets under management aggregated to $663 billion .

Legg Mason operates using a multi-manager business model : each of the company’s subsidiaries, which form a diverse group of asset managers, specializes in a segment of the asset management industry and operates with investment autonomy. Legg Mason provides global distribution and invests in growth through core strategic services including capital allocation for product development, investing in our existing affiliates and making new acquisitions.



Legg Mason’s roots can be traced to the founding of two brokerage firms: the first, Mackubin & Company (later Legg & Company), was founded in Baltimore by George Mackubin in 1899. The second, Mason & Company, was founded in Newport...
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