CalSTRS is in the process of “defunding” its roughly $1.1 billion allocation to Western Asset Management Co., joining a ...

Apollon Wealth Management LLC bought a new stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Free Report) during the 4th quarter, according to its most recent 13F filing with the ...

On Friday, the California State Teachers’ Retirement System (CalSTRS), which is the second-largest pension fund in the United States, announced its decision to withdraw approximately $1 billion from ...

The California State Teachers’ Retirement System, the second-biggest US pension, is pulling its roughly $1 billion investment ...

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE: HYI) (the "Fund") announced today approval by the Fund's Board of Directors of a proposal that will allow stockholders of the Fund to ...

US Treasury yields moved significantly higher due to a number of factors. Click here to read the full commentary.

Horizon Kinetics Asset Management LLC, a significant shareholder of Texas Pacific Land Corp (NYSE:TPL), recently acquired additional shares in the company. The transaction, which took place on ...

Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of Western Asset Management Company mutual fund investors resulting from ...

U.S. Capital Wealth Advisors LLC acquired a new stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Free Report) in the fourth quarter, Holdings Channel.com reports. The firm acquired ...

The money manager is planning up to $250 million in expense reductions as fallout from its besieged bond management ...

(Bloomberg) -- Franklin Resources Inc. is dismissing about 3% of its staff as the $1.6 trillion money manager consolidates operations, after clients of its Western Asset Management Co. unit ...