Ex-Western and Legg Mason chief dies from pancreatic cancer


Sad to report

W. Curtis Livingston III, the chief executive officer who led Western Asset Management during its purchase by Legg Mason and then oversaw a 14-fold surge of invested client money, has died. He was 71.

Bloomberg News reports that he died on December 2 at his home in New York, his son, William Livingston IV, said yesterday in a telephone interview. The cause was pancreatic cancer.

Livingston, who spent more than three decades in the investing industry, described himself as “a bond person through and through,” according to a 1999 interview with Global Investor magazine.

To access the complete Bloomberg News article hit the link below:

W. Curtis Livingston, Who Led Legg Mason Unit Surge, Dies at 71

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