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 ...
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 ...
That — along with the disclosure that the Commodity Futures Trading Commission has started looking into trades by Wamco — pushed shares in Franklin to close at the lowest in more than a week.
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. The US Attorney’s Office in Manhattan asked what ...
During the quarter, the Ken Leech, co-chief investment officer of BEN's Wamco unit received a Wells Notice from the staff of the U.S. Securities and Exchange Commission regarding so-called "cherry ...
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 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 ...
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 ...
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 ...
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 the ...