Financial Services Industry
Industry: Email Alert RSS FeedLegg Mason taps ex-Fidelity whiz kid.(Reverse Spin)
Investment News, October, 2005
Byline: Frederick P. Gabriel Jr.
Legg Mason Inc. went straight to the mutual fund industry's A list to find someone to oversee the large-capitalization-stock mutual fund group it is picking up as part of its asset swap with New York's Citigroup Inc.
Baltimore-based Legg Mason has lured a former Fidelity Investments of Boston whiz kid, Brian Posner, 44, to run the new stock group, which has about $112 billion in assets. "We have tremendous respect for [Brian's] investment ability and his investment background,'' Legg Mason chairman Raymond "Chip'' Mason reportedly said.
As for Mr. Posner, his first order of business will be making sure the folks at Citigroup's former U.S. stock fund group receive a warm reception when they become part...
- How to choose the right insurance carrier for your business
- Real Estate: Prepare your properties to weather what lies ahead
- Technology: Be prepared if part of your global supply chain goes missing
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express