MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, March 6, 2013 Legg's New Chief Looks to Decrease the Complexity Legg Mason [profile] could see some reductions in both fund offerings and office space, according to a Reuters report. The firm's executives don't expect to see a full-scale cost cutting moves like happened in 2010, wrote Reuters reporter Ross Kerber. That round of cuts saw Legg Mason's employee force cut from 1,800 to 1,000. The Baltimore-based firm is looking to ""decrease the complexity of our fund complex," CFO Pete Nachtwey said at a conference this week. For more details, check out the original article here. Printed from: MFWire.com/story.asp?s=43189 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |