The Justice Department and US Securities and Exchange Commission accused Leech, 70, of routinely waiting and assigning ...

NEW YORK (Reuters) - Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was criminally ...

For several years, Leech allegedly favored some clients in trade allocations, at the cost of others, amounting to $600 ...

Former top investment officer at Franklin Templeton’s Western Asset Management is subject of criminal and civil cases ...

Federal prosecutors on Monday charged long-time bond investor Ken Leech with fraud, alleging he cherry-picked a series of trades to favor some clients while shifting losses to others. Leech, the forme ...

Corporate credit strategies continued to benefit relative returns. Investment grade corporate spreads, represented by the Bloomberg US Corporate Index, ended the period 2bps tighter.

Franklin Templeton Mutual Fund has launched Franklin India Long Duration Fund. The fund will invest in government bonds, corporate bonds and money market instruments like certificates of deposits, ...

The municipal bond market recorded positive total returns for the third quarter of 2024 but fared worse than US Treasuries.

The tokenisation of illiquid assets, despite its potential to unlock value, remains sluggish due to regulatory hurdles, ...

While FILDrF's subscription period started on November 20, 2024, and is scheduled to conclude on December 4, 2024. Edelweiss ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

Franklin Resources will start taking over parts of its Western Asset Management Co. unit as the bond house grapples with a ...