Western Asset Management CIO Ken Leech Takes Leave of Absence
Effective August 21, 2024
Michael Buchanan Named Acting CIO
PASADENA, Calif.--(BUSINESS WIRE)--August 21, 2024--Western Asset Management® announced today that Ken Leech, co-chief investment officer, is taking an immediate leave of absence to focus on a Securities and Exchange Commission (SEC) investigation.
Michael Buchanan, co-chief investment officer, has been named acting CIO.
Leech's leave of absence is effective immediately.
Western Asset Management is a leading global fixed income manager with approximately $475 billion in assets under management as of June 30, 2024.
The firm offers a wide range of fixed income products and services to institutional and retail investors worldwide.
Western Asset Management is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE: BEN), a global investment management organization with over $1.5 trillion in assets under management as of June 30, 2024.
For more information, please visit www.westernasset.com.
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About Western Asset Management
Western Asset Management is one of the world's leading fixed income managers, with over $475 billion in assets under management as of June 30, 2024.
The firm offers a wide range of fixed income products and services to institutional and retail investors worldwide.
Western Asset Management is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE: BEN), a global investment management organization with over $1.5 trillion in assets under management as of June 30, 2024.
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Contact:
Western Asset Management
Media Relations
(626) 683-8547
media@westernasset.com
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