Western Asset Taps New CEO After Enforcement Probe, Outflows
Western Asset Management Co. named Thomas Gahan chief executive officer in a leadership shakeup following more than $50 ...
Think Advisor1d
Western Asset Management Names New CEO After SEC Probe
Western Asset Management Co., a global manager of active fixed income solutions and subsidiary of Franklin Templeton, said ...
Pensions&Investments1d
Western Asset Management taps new president and CEO, after SEC charges Leech with fraud
Gahan succeeds James W. Hirschmann III, who assumes the role of chairman, said a Dec. 3 news release. Gahan currently serves ...
Western Asset Short Duration Income ETF declares $0.096 dividend
Western Asset Short Duration Income ETF (NASDAQ:WINC) declares $0.096/share monthly dividend. Payable Dec. 5; for ...
Insurancenewsnet.com3d
SEC charges former asset management with “cherry picking” fraud
The Securities and Exchange Commission (SEC) filed fraud charges against a former executive at an asset management firm.© ...
Bond trader at Pasadena firm shunted $600 million in gains to favored portfolios, U.S. alleges
The Justice Department and US Securities and Exchange Commission accused Leech, 70, of routinely waiting and assigning ...
US charges top bond manager, former Wamco co-CIO Kenneth Leech, with fraud
Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was criminally charged on Monday with ...
Star Manager’s Fraud Charges Put Fund Manager Trade Allocation Processes in Regulatory Spotlight
Investment firms are scrutinizing their own trade management practices as regulatory scrutiny is expected to increase.
Pensions&Investments12d
Illinois Municipal terminates Western Asset Management from $973 million portfolio
Illinois Municipal Retirement Fund, Oak Brook, terminated Western Asset Management Co. from a $973 million active domestic ...
Western Asset Investment Grade Defined Opportunity Trust Announces Fourth Amended and Restated Bylaws
On November 15, 2024, Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) announced the adoption of its Fourth Amended and Restated Bylaws. This amendment reflects changes made ...