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Legg Mason (Legg Mason) Taxes Refund Paid


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What is Legg Mason Taxes Refund Paid?

Taxes Refund Paid only applicable to companies reporting Cash Flow from Operations in direct method.

Legg Mason (Legg Mason) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legg Mason Inc (NYSE:LM) » Definitions » Taxes Refund Paid
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N/A
Address
100 International Drive, Baltimore, MD, USA, 21202-1099
Website
https://www.leggmason.com
Legg Mason provides investment management services for institutional and individual investors. The firm had $783.4 billion in managed assets at the end of June, spread among its equity (25% of total AUM), fixed-income (57%), alternatives (9%), and money market (9%) investment platforms. Legg Mason uses a multiaffiliate business model, with its single- largest affiliate, Western Asset Management, accounting for more than 60% of managed assets. Other major affiliates include ClearBridge Investments (more than 15% of AUM), Brandywine (less than 10%), and Clarion Partners (less than 10%). The remaining affiliates--Martin Currie, Royce & Associates, EnTrustPermal, QS Investors, and RARE Infrastructure--each account for 2% or less of Legg Mason's managed assets.