Legg Mason Inc. said on Monday that it had renamed its separately managed account businesses, using the ClearBridge and Western Asset Management brands.
Processing Content
CAM North America LLC became ClearBridge Advisors LLC, and Salomon Brothers Asset Management Inc became ClearBridge Asset Management Inc. Both businesses were acquired from Citigroup Inc.
Also on Monday, equity separately managed account portfolios took the ClearBridge name, and most fixed-income separately managed account portfolios took the name of Western Asset Management Co. Western, a Legg Mason subsidiary, is a fixed-income manager with offices worldwide.
