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Western Asset Management history
Western Asset Management company history timeline
Western Asset Management Company was founded in October 1971 by United California Bank (which later became First Interstate), and became an SEC-registered investment advisor in December of that year.
In December 1986, Western Asset was acquired by Legg Mason, Inc.
In February 1996, Legg Mason acquired Lehman Brothers Global Asset Management Limited, based in London, to broaden Western Asset's non-dollar capabilities.
In December 2003, the fixed-income division of Rothschild Asset Management (Singapore) Limited was acquired by Legg Mason and merged into the existing operation.
In December 2011, Western Asset opened a representative office in Dubai.
In July 2020, Franklin Templeton acquired Legg Mason, making Western Asset Management one of Franklin Templeton's Specialist Investment Managers.
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Western Asset Management competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Pacific Investment Management Company LLC | 1971 | $787.9M | 2,900 | 153 |
| Ehlers | 1955 | $9.2M | 35 | - |
| Garda Capital Partners | 2015 | $3.9M | 110 | 2 |
| Wellington Management | 1928 | $1.2B | 1,922 | 169 |
| Mesirow | 1937 | $298.0M | 400 | 16 |
| SHENKMAN CAPITAL MANAGEMENT | 1985 | $30.6M | 134 | - |
| Eaton Vance | 1924 | $1.7B | 1,871 | - |
| Neuberger Berman | 1939 | $2.8B | 2,000 | 159 |
| Invesco | 1978 | $412.8M | 8,900 | 104 |
| Arch Capital Group | 1995 | $7.0B | 4,500 | 336 |
Western Asset Management history FAQs
Zippia gives an in-depth look into the details of Western Asset Management, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Western Asset Management. The employee data is based on information from people who have self-reported their past or current employments at Western Asset Management. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Western Asset Management. The data presented on this page does not represent the view of Western Asset Management and its employees or that of Zippia.
Western Asset Management may also be known as or be related to Western Asset Income Fund, Western Asset Management and Western Asset Management Company.