Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Western Asset, Legg Mason Subsidiary, Welcomes New Senior Exec

Jul 23, 2013
Jing Chen

Anup Agarwal has joined California-based investment firm Western Asset Management Company after four years at alternative investment firm Stark Investments.

Bloomberg reported that Western Asset, which is the fixed-income arm of Legg Mason, hired Agarwal to replace Paul Jablansky as head its structured products division.

Western Asset director of global client service and marketing James Flick told Bloomberg that Agarwal’s “background and investment philosophy match up really well with [the] firm.”

With offices around the world including Hong Kong, London, New York and Melbourne, Western Asset had about $459.5 billion in assets under management as of March 31.    

 

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