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Wamco chief ôback on offenceö

Jim Hirschmann, CEO at Western Asset, explains the bond firmÆs Asia strategy after acquiring CitigroupÆs asset-management business.
James Hirschmann is CEO of Western Asset (aka Wamco), Legg Mason-owned fixed-income specialist. Based dually in Pasdena, California and Baltimore, Hirschmann played a role in Legg MasonÆs 2005 deal to exchange its brokerage arm for CitigroupÆs asset-management business.How involved have you and Western been in the acquisition of Citigroup Asset Management by Legg Mason?Hirschmann: I was very involved. The deal wouldnÆt have happened if Western hadnÆt been on board. The attraction was …
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