Western Asset Management Loses Institutional Clients in Wake of Fraud Charges Against Former Executive
In recent months, public pension funds in California, Kansas, and London have joined the ranks of clients exiting ...
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Institutional Investors Exit Western Asset. One Fund’s Meeting Notes Help Explain Why.
The Ohio Bureau of Workers’ Compensation has decided to pull around $750 million in assets from Western Asset Management Company as the money manager faces regulatory scrutiny over its trading ...
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CalSTRS cuts Western Asset Management from fixed-income lineup
CalSTRS is in the process of “defunding” its roughly $1.1 billion allocation to Western Asset Management Co., joining a ...
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Western Asset Management Company Is Being Investigated For Securities Fraud And The Schall Law Firm Urges Affected Shareholders To Reach Out
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of mutual fund investors of Western Asset Management Company ("Western Asset ...
Wamco Loses $1 Billion From Calstrs in Major Pension Redemption
The California State Teachers’ Retirement System, the second-biggest US pension, is pulling its roughly $1 billion investment ...
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Franklin cuts workforce by 3% following Wamco outflows
The money manager is planning up to $250 million in expense reductions as fallout from its besieged bond management ...
Western Asset Total Return Unconstrained Fund Q4 2024 Commentary
Duration exposure was the largest detractor from performance as rates moved sharply higher over the quarter. Read more here.
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Western Asset Core Bond A
On Aug. 21, 2024, the SEC served Western Asset portfolio manager ... announced Leech would step down from his co-CIO role, relinquishing portfolio management duties and leaving firm veteran ...