Legg Mason
Former American investment management company / From Wikipedia, the free encyclopedia
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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.[2] As of December 31, 2019, the company had $730.8 billion in assets under management, including $161.2 billion in equity assets, $420.2 billion in fixed income assets, $74.3 billion in alternative assets, and $75.1 billion in liquidity assets.[1]
Quick Facts Industry, Founded ...
Industry | Investment management |
---|---|
Founded | 1899; 125 years ago (1899) |
Defunct | July 31, 2020; 3 years ago (2020-07-31) |
Fate | Acquired by Franklin Templeton Investments |
Headquarters | Baltimore, Maryland, U.S. |
Key people | Joseph A. Sullivan (Chairman, President & CEO) |
Services | Asset management |
Revenue | $2.922 billion (2019) |
50,831,000 United States dollar (2015) | |
$304 million (2019) | |
AUM | $730.8 billion (2019) |
Total assets | $8.006 billion (2019) |
Total equity | $3.792 billion (2019) |
Number of employees | 3,059 (2020) |
Footnotes / references [1] |
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