Why Legg Mason is Keen on Buying Clarion Partners

Posted on 01/05/2016


Baltimore-based Legg Mason Inc., like many U.S. asset managers, have sought ways to generate more fee income. At the same time, Legg Mason knows that real estate allocations are growing for wealth funds, pensions and insurance companies. Second, large real estate investment firms are rarely on the block for sale, compared to traditional asset managers. […]

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