Monday, December 1, 2008

'Alpha' Bets Turn Sour

Legg Mason is a global asset management firm, with $842 billion in assets under management at September 30, 2008. Mr. owned subsidiary of Madison Investment Advisors, Inc., is the Fund's Investment Advisor. Mokgatla Madisha is portfolio manager at Investec Asset Management. BB&T Asset Management, BlackRock Inc., T. Rowe Price Group Inc. and Sage Advisory Services Ltd. Joe C. class property and asset management services from its parent company, CAS Partners. Aktia Bank plc and the Finnish branch of Kaupthing Bank hf. Its investment adviser is Western Asset Management Company; a subsidiary of Legg Mason, Inc. "Conditions in the asset management industry are tough and will remain so for some time," said CEO Martin Gilbert. Aberdeen Asset Management (ADN.L: News ) announced its final results for the year to 30 September 2008. Among them is the Western Asset Management unit of Legg Mason Inc.

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