Western Asset (WDI) news
Recent news
Fitch affirms PFD shares of Western Asset Municipal closed-end funds
Fitch Ratings has affirmed the preferred shares of Western Asset Municipal closed-end funds, reflecting its ongoing evaluation of the instruments' credit quality and alignment with the funds' investment strategies. The affirmation indicates that Fitch does not anticipate a downgrade at this time,…
AInvest Wire · Jul 31, 2026Ken Leech to plead guilty in US ‘cherry picking’ fraud case
Ken Leech, the former co-chief investment officer (CIO) of Western Asset Management Company (WAMCO), has pleaded guilty to charges related to a multi-year “cherry-picking” fraud scheme that defrauded investors of over $600 million in losses. The charges were unsealed in November 2024 by the U.S.…
AInvest Wire · Jun 12, 2026Franklin Resources - Western Asset reaches settlement with SEC on June 4, 2026 - SEC filing
AInvest Wire · Jun 5, 2026ImportantWestern Asset Management says Ken Leech on leave of absence
Western Asset Management says Ken Leech on leave of absence Western Asset Management, a leading fixed-income investment firm with $385 billion in assets under management (1), announced that Chief Investment Officer (CIO) Ken Leech has taken a leave of absence. Leech, who joined Western Asset in…
AInvest Wire · Aug 21, 2024Light Horse does not author, endorse or verify the headlines, and their appearance here is not an endorsement of any view they express.
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