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During the COVID-19 crisis, investor flight to safety assets and a strong US dollar battered emerging market stocks this year.
Clarion Partners Real Estate Income Fund Inc. (“CPREIF” or the “Fund”) announced today the results of its issuer tender offer for up to 5.0% of the Fu
Among this week's highlights indicating emerging market focus on accessing long-term debt are a 30-year issue for the Emirate of Sharjah and plans by Brazilian petrochemical company Braskem to raise h
Legg Mason Inc (NYSE:LM)’s share price reached a new 52-week high on Friday . The stock traded as high as $50.94 and last traded at $49.97, with a volume of 91485 shares changing hands. The stock ha
Gateway Investment Advisers LLC cut its position in shares of Legg Mason Inc (NYSE:LM) by 18.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission
Franklin Resources, Inc. (“Franklin Templeton”) (NYSE: BEN) and Legg Mason, Inc. (“Legg Mason”) (NYSE: LM) announced today that all conditions to the

Outlook For Sovereign Debt Restructurings

10:14am, Thursday, 16'th Jul 2020
Historically, a combination of high yield and minimal default risk has led emerging markets debt investors to enjoy strong returns-but the impact of COVID-19 has called into question the potential for

It's A Jungle Out There, So Bring Your Machetes

10:54am, Tuesday, 14'th Jul 2020
I have spent time the past month taking some profits, identifying portfolio candidates, and starting a few new positions.
Only funds with yield over 7.5%, coverage higher than 90% and trading at a discount are considered. All of the top-ranking funds look attractive from a quantitative perspective.
Pound Finds Joy as U.K Unveils £30B Stimulus, but Experts See Trouble Ahead
PHC Holdings Corporation (headquarters: Tokyo, hereafter PHCHD) has today announced the completion of its acquisition of an additional 55.01% of share
Voloridge Investment Management LLC acquired a new position in shares of Legg Mason Inc (NYSE:LM) during the first quarter, according to the company in its most recent 13F filing with the Securities a
The Global Superfood-based Packaged Snacks Market will grow by USD 29.39 bn during 2020-2024

American Funds’ Quiet Rise to Bond Dominance

06:27pm, Thursday, 02'nd Jul 2020
American Funds, owned by Capital Group, has been quietly retooling its fixed-income group. The results are impressive: Most are top performers in 2020 and longer term.
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