CalSTRS is in the process of “defunding” its roughly $1.1 billion allocation to Western Asset Management Co., joining a ...

Apollon Wealth Management LLC bought a new stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Free Report) during the 4th quarter, according to its most recent 13F filing with the ...

On Friday, the California State Teachers’ Retirement System (CalSTRS), which is the second-largest pension fund in the United States, announced its decision to withdraw approximately $1 billion from ...

The California State Teachers’ Retirement System, the second-biggest US pension, is pulling its roughly $1 billion investment ...

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE: HYI) (the "Fund") announced today approval by the Fund's Board of Directors of a proposal that will allow stockholders of the Fund to ...

US Treasury yields moved significantly higher due to a number of factors. Click here to read the full commentary.

Horizon Kinetics Asset Management LLC, a significant shareholder of Texas Pacific Land Corp (NYSE:TPL), recently acquired additional shares in the company. The transaction, which took place on ...

Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of Western Asset Management Company mutual fund investors resulting from ...

U.S. Capital Wealth Advisors LLC acquired a new stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Free Report) in the fourth quarter, Holdings Channel.com reports. The firm acquired ...

Issue selection within multiple sectors, specifically in transportation, special tax, and leasing, was beneficial. Read more ...

The money manager is planning up to $250 million in expense reductions as fallout from its besieged bond management ...