Tuesday, April 5, 2011

Legg Mason appoints head of international asset managment - Baltimore Business Journal:

houston-nearly.blogspot.com
Fetting can check one thing offhis list. On Legg named Ronald R. Dewhurst head of internationalasset management. Dewhurst will join Legg LM) Feb. 11, workinfg from offices in Londonand Melbourne, Australia. He will work with Legg'ws investment and distribution unitsin Europe, Asia and the From 2004 to 2007, Dewhurst was CEO of , an Australianm money manager. Before that, he spentt about 10 years working in international money managementfor J.P. including as head of Asian equities in Hong Kong and head of Europea n equitiesin London.
In a news release, Dewhursy called Legg "a highly respected firm that is establishee in keyglobal markets, but that has room to As Fetting takes over as CEO, Legg Mason, one of the world'sw largest money managers, faces some challenges to its It recently sold $1.3 billion in bondw to private equity firm to shorew up its balance sheet after pouring money into investmentsx that took a hit from the subprime-mortgagd crisis.
Legg has nearly $1 trillioj in assets under

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