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Thursday, March 08, 2012|
Legg Mason's Fetting Feels 'Encouraged' By Alternatives and Fixed Income
Mark Fetting is "encouraged" by Legg Mason's [profile] numbers. Yesterday, in a Citigroup-sponsored investor conference in New York that was also broadcast via the web, the mutual fund firm's CEO offered investors a sneak preview of Legg Mason's February numbers due out next week.
Reuters reported on Fetting's remarks.
"Overall we remain encouraged by what we're seeing, particularly on the fixed-income and alternatives space," Fetting reportedly said.
Legg Mason boasted a total of $631.3 billion of assets under management as of Jan. 31, including $357.6 billion in fixed-income assets.
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