(Bloomberg) -- Ken Leech, the former co-chief investment officer for Western Asset Management Co., was accused by US authorities on Monday of improperly allocating trades to favored clients in a ...
For others, not so much. That’s because Ken Leech, the star investor behind bond funds with $308 billion in assets under management, illegally steered hundreds of millions of dollars into ones ...
Former WAMCO co-chief investment officer Ken Leech is facing fraud charges for alleged cherry picking amounting to $600 million, the SEC and US Attorney’s Office for the Southern District of New ...
But for customers of Leech’s marquee Macro Opportunities strategy, trades that started off strong kept piling up in their ledgers, allegedly generating a whopping $600 million in first-day gains ...
Ken Leech, the former co-chief investment officer (CIO) of registered investment adviser Western Asset Management Company LLC or WAMCO, was charged with fraud by the Securities and Exchange Commission ...
Federal prosecutors have brought fraud charges against world-renowned bond fund manager Ken Leech, saying he committed fraud by directing more than $600 million in profitable, cherry-picked trades ...
Western Asset Management Company’s former Chief Investment Officer Ken Leech was charged by the US Department of Justice with fraud and lying to the SEC, which leveled related civil charges ...
Simply sign up to the Financial services myFT Digest -- delivered directly to your inbox. Well-known bond investor Ken Leech was charged with criminal fraud on Monday for allegedly orchestrating a ...
Federal prosecutors on Monday charged longtime bond investor Ken Leech with fraud, alleging he cherry-picked a series of trades to favor some clients while shifting losses to others.
NEW YORK (Reuters) - Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was criminally charged on Monday with running a more than $600 million "cherry-picking ...
At first blush, the US case against star bond trader Ken Leech centers on a quirk in procedures: The former co-chief investment officer for Western Asset Management Co. placed his daily bets ...