The asset manager said Tim Buckley would become CEO in 2018, replacing Bill McNabb. Here are his answers to a few questions.

Fixed-income inflows can’t keep pace with stock appreciation.

The SEC has said that digital "tokens" can be considered securities, and may need to be registered.

The direct investment shows the company’s dedication to the fast-growing ESG research space.

Western Asset Management's CIO on why bond indexes give active managers an edge, "stubbornly" low inflation and his counterintuitive jump into emerging markets at the dawn of the Trump presidency.

Investors also continued to favor global funds in the week ending July 19.