Mark Fetting is "encouraged" by Legg Mason's [profile] numbers. Yesterday, in a Citigroup-sponsored investor conference in New York that was also broadcast via the web, the mutual fund firm's CEO offered investors a sneak preview of Legg Mason's February numbers due out next week.

Reuters reported on Fetting's remarks.

"Overall we remain encouraged by what we're seeing, particularly on the fixed-income and alternatives space," Fetting reportedly said.

Legg Mason boasted a total of $631.3 billion of assets under management as of Jan. 31, including $357.6 billion in fixed-income assets. 

Edited by: HFD


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE