MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Monday, April 14, 2008 Legg on the Lookout for Good Buys Legg Mason is on the lookout for asset manager sales, CEO Mark Fetting told Swiss newspaper Finanz und Wirtschaft. Reuters reports Fetting said that Legg has $2.7 billion in liquid funds, $1.5 billion of which Legg does not need for current operations. "The environment is very interesting. Asset managers are cheaper than before," Fetting told the paper. Printed from: MFWire.com/story.asp?s=17963 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |