Western Asset

Est. 1971
501-1,000 employees Investment Management

About Western Asset

Since 1971, Western Asset Management Company has provided global fixed-income investment management services for a wide variety of clients. Our long term, fundamental value approach utilizes our extensive research and risk management capabilities and seeks to provide superior returns for our clients.

Headquartered in Pasadena, California, Western Asset’s global presence includes offices in New York, London, Tokyo, Singapore, Hong Kong, Melbourne, São Paulo and Zurich.

Expertise

Fixed-Income Asset Management, Financial Services, and Institutional Investing

US-Iran update—A framework, not a settlement
  • 17 Jun 2026

Financial markets rallied as reports of a US-Iran memorandum to reopen the Strait of Hormuz and reduce military tensions eased oil prices and boosted investor confidence, but unresolved issues like...

Rethinking reserve management—The case for agency MBS
  • 15 Jun 2026

Agency MBS may offer central bank reserve managers better risk-adjusted returns, diversification and liquidity than US Treasuries, especially amid high interest rates and low refinancing.

CPI inflation moderates further in May
  • 10 Jun 2026

Despite short-term price pressures from the Iran conflict and tariffs, May CPI data shows inflation easing, with stable nominal spending growth suggesting overall price pressures remain well contai...

Weekly Municipal Monitor—Strong State and Local Hiring
  • 09 Jun 2026

Following the strong jobs report on Friday, this week we touch on the favorable muni employment gains in May.

May payroll report favorable, maybe flukey
  • 05 Jun 2026

US job growth is surging as restaurants and frontline roles expand, administrative positions shrink and strong hiring points to momentum that could prove temporary amid shifting economic conditions.

Weekly Municipal Monitor—May Monthly Review
  • 02 Jun 2026

This week we provide a muni market update for the month of May.

Reserve Management in an AI-Enhanced World
  • 29 May 2026

Central banks are cautiously exploring AI for operational support and analytics in reserve management, prioritizing security and oversight as financial markets become increasingly AI-driven.

Consumer Spending Up Only Softly in April
  • 28 May 2026

In April, real consumer spending grew only slightly, while conflicting inflation measures—possibly affected by government shutdown disruptions—cloud the true picture.

Agency MBS—Expanding the Reserve Management Toolkit
  • 27 May 2026

Agency mortgage-backed securities offer central bank reserve managers a high-quality liquid and yield-enhancing alternative to Treasuries, balancing income generation with capital preservation and...