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I spent most of my career operating businesses and fixing businesses, not staring at a Bloomberg screen.

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Nelson Peltz

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Legg Mason’s structure is misunderstood by the market. Legg Mason has an affiliate model. They own 100% of their affiliates, which are investment managers such as Permal, Western Asset Management, and Royce.

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If I’m on the board of any company where there’s an offer that comes in, I want to negotiate.

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May 19, 2024

If I’m on the board of any company where there’s an offer that comes in, I want to negotiate.

Previous

May 19, 2024

Legg Mason’s structure is misunderstood by the market. Legg Mason has an affiliate model. They own 100% of their affiliates, which are investment managers such as Permal, Western Asset Management, and Royce.

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