Legg Mason

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Legg Mason is a diversified group of global asset management firms ('affiliates') who are recognized for their proven investment expertise and long-term performance.


Legg Mason announces acquisition of QS Investors

Hand Shake

Legg Mason has announced a definitive agreement to acquire QS Investors, a leading customized solutions and global quantitative equities provider based in New York, with $4.1bn in assets under management and nearly $100bn in assets under advisory.


The Greatest Trade Ever

The New York Post reports that John Paulson, the hedge fund manager who paid himself $3.7bn last year after that spectacular trade shorting the subprime market, lost some ground in July - although not much. The newspaper says that Paulson's six hedge funds fell about 3.7% over the month.