Tag Archives: investment-provider
Legg Mason unit eyes distressed sales: report
Tehran Times – Permal Investment Management, the hedge fund investment division of U.S. asset manager Legg Mason Inc, is aiming to raise up to $500 million to take advantage of a boom in distressed sales of hedge fund holdings, the […]
Top funds may have lost $4 bln on Freddie and Fannie
Reuters- Some of the best known U.S. fund firms probably suffered significant losses in last week’s meltdown in the stocks of mortgage finance agencies Fannie Mae and Freddie Mac. Among the casualties may be the one-time star stock-picker Bill Miller […]