Hints and tips:
...Its fifth-biggest ETF is the $616mn Legg Mason Low Volatility High Dividend ETF, Morningstar data show....
...Franklin Templeton plans to convert the $19mn Legg Mason Small-Cap Quality Value ETF next month from a self-indexed strategy to an active one, and rename it the Royce Quant Small-Cap Quality Value ETF, filings...
...• Allianz has hired Jackie Hunt, the former head of Prudential’s UK business, to oversee Pimco, its struggling fixed-income manager....
...Legg Mason has shown interest in hedge funds, acquiring London-based Fauchier Partners in March. The $6bn fund-of-hedge-funds specialist was combined with Legg’s Permal unit....
...But, like other fund companies to have registered funds, including Legg Mason and Federated, iShares has yet to go live with any of those products....
...Legg Mason’s decision to fold the Legg Mason Capital Management division into its ClearBridge Investments unit is also expected to result in some lay-offs, as reported in January....
...In the past year, Federated, Legg Mason, T Rowe Price, AllianceBernstein and Franklin Templeton all received permission from the US Securities and Exchange Commission to launch active ETFs....
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