Permal Group and the EnTrust Capital fund have been put together by their parent Legg Mason in what might look like the shirt that helps siblings get along. These two companies manage funds that have billions under management, and they have made sure that they have the resources to create one larger fund the benefits everyone involved. There are many people who want to have a bigger and better fund to trade with, and this is the fund that they can go to.
Someone who is very interested in trading with Legg Mason can go to just one fund to get help, but the two of them together will make one large fund that has all the customers coming to the same place. These two companies will still run their own funds, but they will live under one banner. This is an easy way for Legg Mason to make money, and it is an even easier way for people to get used to the company. There is no need to choose between EnTrust and Permal now because they are on in the same.
The Legg Mason board has decided that they need to start consolidating so that they can prepare to save money. This is much safer than trying to do something else that is much more expensive, and the company will be able to hold onto both companies. There is an easy way to create a more powerful fund, and that is to keep the two companies together.
Mergers and other things are more common in the world today, and they make it much easier for people to get the investment help that they need. There is a lot for people to do if they want to make money, but they will have a much easier time when they are working with the people who now work together at the EnTrust and Permal company. This company will help make their funds much stronger, and they can come together to create a new fund if they want to. This is the best way for new investors to get into the game, and it helps people who are in need of better service. The larger company can offer great service, and they will profit their owners at Legg Mason that much more. This is the best way to keep these companies solvent, and it makes them both stronger overall on the Wall Street scene.