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Showing 1 - 4 of 4 results for "Western AM"

Former fund manager admits to obstructing SEC probe

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... certain clients at the expense of others." Days before entering the plea, the SEC slapped Franklin Templeton's Western AM with a US$100 million penalty for failing to detect and prevent its former staffer's cherry-picking scheme. The watchdog found ...

Franklin Templeton's Western AM hit with US$100m penalty

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
... investment officer's alleged cherry-picking scheme. The order follows the SEC's 2024 action against former Western AM co-chief investment officer Ken Leech, alleging he engaged in a multi-year scheme to allocate favourable trades to certain portfolios ...

Former Western AM investment chief charged for 'cherry-picking'

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
The Securities and Exchange Commission (SEC) has charged former Western Asset co-chief investment officer Ken Leech for "engaging in a multi-year scheme to allocate favourable trades to certain portfolios." The SEC alleges Leech engaged in the conduct ...

Western AM says credit to be positive in 2016

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
Western Asset Management believes 2016 will be a positive year for credit investors because it is a compelling investment in the current economic climate. The global fixed income manager's deputy chief investment officer, Michael Buchanan, said in a ...
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