Franklin Resources' acquisition of Legg Mason helped push the asset manager's AUM past the $1 trillion mark in the third quarter. Legg Mason reported $730.8 billion in assets under management as ...

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Boaz Weinstein's latest activism campaign in closed-end funds has affiliates of $750 billion asset manager Legg Mason on opposite sides of the proxy fight. Weinstein's $1.7 billion Saba Capital is ...

These funds lagged the S&P 500 in 2020, for instance. The Legg Mason Low Volatility High Dividend struggled because it shuns firms that lack earnings and dividends, and thus it didn't own the ...