Where is Legg Mason?
Baltimore, Maryland
Legg Mason, Inc. Baltimore, Maryland, U.S. Legg Mason was an American investment management and asset management firm headquartered in Baltimore, founded in 1899 and acquired by Franklin Templeton Investments as of July 2020.
Does Legg Mason still exist?
While the Legg Mason name will disappear, the firm’s work, as part of Franklin, will go on. “We continue to remain committed to Baltimore and our employees there, as evidenced by our pending investment in new Franklin Templeton signage at 100 International Drive,” said Matthew Walsh, a Franklin spokesman, in an email.
Has Legg Mason changed name?
12 August 2021 – Following its acquisition by Franklin Templeton in 2020, the names of a number of Legg Mason funds have now been changed. From 7 August 2021, the name of the company has therefore changed from Legg Mason Funds ICVC to Franklin Templeton Funds II in order to reflect Franklin Templeton as the new ACD.
Who does Legg Mason own?
Franklin Templeton InvestmentsLegg Mason / Parent organizationFranklin Resources Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. Wikipedia
Is Legg Mason publicly traded?
1983: Legg Mason becomes a publicly traded company. Its stock symbol LM is listed on the New York Stock Exchange.
Who is CEO of Legg Mason?
Senior Advisor, Franklin Templeton. Since 2013, Joseph A. Sullivan has served as president and CEO of Legg Mason.
Does Franklin Templeton own Brandywine?
PHILADELPHIA — (February 3, 2021) — Brandywine Global Investment Management, LLC (“Brandywine Global”), a specialist investment manager and subsidiary of Franklin Resources, Inc.
Who did Franklin Templeton acquire?
Lexington Partners L.P.
On November 1, Franklin Templeton, announced that it has entered into a definitive agreement to acquire Lexington Partners L.P., a leading global manager of secondary private equity and co-investment funds, for $1.75 billion.
Is Legg Mason now Franklin Templeton?
Franklin Resources (NYSE:BEN), a holding company that operates the investment management firm Franklin Templeton, just acquired competitor Legg Mason in a $4.5 billion deal that now makes the combined firm one of the world’s largest in assets under management.
What is Legg Mason stock?
25.70. -0.13 (-0.50%)
Who is Raymond a Mason?
“Chip” Mason is the founder, and was the Chairman and CEO of Baltimore-based investment firm Legg Mason until 2007. He founded the brokerage company at age 25, and went public in 1974.