GLOBAL - Legg Mason's assets under management (AuM) more than doubled to US$868bn for the year, mainly due to its acquisition of Citigroup Asset Management (CAM) in December.
That represented a $493bn or 132% increase, while net income for the year rose 180% to $1.1bn, including a $644m gain on the sale of its securities brokerage and capital markets business. AuM in...
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