MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, October 22, 2009 Legg Mason Swings to a Q2 Profit Reporting their second quarter results today, asset management company Legg Mason had a net income of $45.8 million this quarter, which ended September 30th. This is a substantial improvement from a year ago, when the Baltimore firm suffered a $108.7 million quarterly loss. Assets under management were reported at $702.7 billion, up by 7 percent from last quarter's $656.9 billion AUM but down 17 percent from $841.9 billion in September of last year. Printed from: MFWire.com/story.asp?s=23012 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |