Legg Mason Rebrands Managed Accounts

Legg Mason has renamed its separately managed account businesses, using the ClearBridge and Western Asset Management brands.

CAM North America is now ClearBridge Advisors, and Salomon Brothers Asset Management has been renamed ClearBridge Asset Management. Both businesses were acquired from Citigroup.

Also, equity separately managed account portfolios will sport the ClearBridge name, and most fixed-income separately managed account portfolios now have the name of Western Asset Management. Western, a Legg Mason subsidiary, is a fixed-income manager with offices worldwide.