The Online Investor
Asset Management M&A image Asset Management M&A » By The Online Investor Staff, updated Wed., Sep. 23, 10:20 PM Recent mergers and acquisitions in the Asset Management M&A category.

Slide #11. Legg Mason, Inc. QS Investors

Acquirer: Legg Mason, Inc. (NYSE:LM)
Acquiree: QS Investors
Details: Legg Mason, Inc. (NYSE: LM) today announced a definitive agreement to acquire QS Investors, a leading customized solutions and global quantitative equities provider based in New York, with $4.1 billion in assets under management and nearly $100 billion in assets under advisory. Legg Mason's existing quantitative equity platform, Batterymarch Financial Management, and Legg Mason Global Asset Allocation, its existing solutions platform, will be integrated over time into QS Investors as a result of this transaction. The combined platform will be a world-class retail and institutional solutions and global quantitative equity provider with compelling investment strategies and strong consultant relationships.

Legg Mason is a holding company. Through its subsidiaries, Co. is an asset management company that provides investment management and related products and services. Co.'s investment advisory services include discretionary and non-discretionary management of separate investment accounts for institutional and individual investors. Co.'s investment products include proprietary mutual funds ranging from money market and other liquidity products to fixed income, equity and alternative funds managed in various investment styles. Co. also provides other domestic and offshore funds to both retail and institutional investors, privately placed real estate funds, hedge funds, and funds-of-hedge funds.

Open the LM Page at The Online Investor »

Company Name: 
Legg Mason, Inc.
Website: 
www.leggmason.com
Sector: 
Asset Management
 

Open the LM Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Hold (2.00 out of 4)
96th percentile
(ranked higher than approx. 96% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Asset Management M&A - Slide 11 of 49 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.