(Bloomberg) -- Investors pulled a net $4.9 billion from two of Western Asset Management Co.’s flagship mutual funds since the fixed-income firm disclosed that its veteran trader and co-chief ...

The Franklin unit known as Wamco has had at least $53 billion of outflows since revelations that its longtime trader and Co-Chief Investment Officer Ken Leech was under investigation. Federal ...

Firms including Loomis Sayles and Dodge & Cox have also been pitching some of Wamco’s key clients in recent months in a bid to capture tens of billions of dollars of assets and grab a slice of ...

As a force in the bond market for decades, Wamco has overseen money for institutional investors and fixed-income allocations for other money managers.

TD Cowen lowered the firm’s price target on Franklin Resources (BEN) to $18.50 from $20 and keeps a Hold rating on the shares. The firm ...

The Commodity Futures Trading Commission ("CFTC") is investigating Franklin Resources (NYSE:BEN)'s Western Asset Management (Wamco) unit, alongside probes by the Securities and Exchange Commission ...

As a force in the bond market for decades, Wamco has overseen money for institutional investors and fixed-income allocations for other money managers. The US Attorney’s Office in Manhattan asked ...

West Coast bond houses have long honored an unofficial pact that they would avoid aggressively poaching staff from one another. But when it comes to pursuing clients, all bets are off. Managers at ...

As a force in the bond market for decades, Wamco has overseen money for institutional investors and fixed-income allocations for other money managers. The US Attorney’s Office in Manhattan asked ...