The firm is integrating much of Wamco into the parent and intends to leave the investment team in place, executives said Friday after the company reported earnings for its most recent quarter.
The company is “fine-tuning” its bond strategies and plans to focus more on fundamental credit investing, Thomas Gahan, chief executive officer of Wamco, said in a note to investors.
The latest outflows bring the total since August — when news emerged that WAMCO's then co-CIO, Ken Leech, was being investigated by the Securities and Exchange Commission — to roughly $120 ...
For the first time in almost 20 years, Walmart has a new logo. The international retailer describes it as a “a comprehensive brand refresh,” but the online world hasn’t been quite so kind to ...
The move is Wamco’s biggest single public round of exits after it disclosed that Ken Leech, its then-co-chief investment officer, was under investigation for allegedly cherry-picking winning ...
The move is Wamco’s biggest single public round of exits after it disclosed that Ken Leech, its then-co-chief investment officer, was under investigation for allegedly cherry-picking winning ...
A retired Western Asset Management executive has alleged that the firm’s longtime investment chief, Kenneth Leech, defrauded some clients nearly a decade earlier than what federal prosecutors ...
TD Cowen analyst Bill Katz raised the firm’s price target on Franklin Resources (BEN) to $20 from $19 and keeps a Hold rating on the shares.
Walmart is giving its logo the first facelift in nearly two decades, rolling out a new identity that is a subtle nod to its past. The 61-year-old company unveiled Monday a refresh of its brand ...
The board cited “organizational developments” as the reason for the termination of WAMCO, which has been on the pension fund’s watchlist since September. Franklin Templeton, Western Asset ...