Western Asset Management Company is a global fixed-income investment firm headquartered in Pasadena, California, with nine offices on five continents and $484.5 billion in assets under management as of December 31, 2020. The firm offers institutional and retail investors a broad range of core, sector-specific, and customized bond portfolios across every sector of the bond market. The company utilizes a team-based investment approach and has focused exclusively on fixed-income securities since its founding in 1971.
Revenue $500.0 m
Headquarters Pasadena, California

Company Profile

As of Date 02/26/2025
Adviser Type - Large advisory firm
- Outside the United States
- An investment adviser (or subadviser) to an investment company
Number of Employees 560 -17.16%
of those in investment advisory functions 90 -40.00%
AUM* 339,344,209,156 -4.62%
of that, discretionary 331,994,758,420 -4.12%
Private Fund GAV* 18,034,526,366 -2.00%
Avg Account Size 9,205,301 -5.25%
High Net Worth 0.39% -84.82%
SMA’s Yes
Private Funds 49
Websites

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Banking or thrift institutions
- Investment companies
- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations
- State or municipal government entities
- Other investment advisers
- Insurance companies
- Sovereign wealth funds and foreign official institutions
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Reported AUM

Discretionary
Non-discretionary
451B 386B 322B 258B 193B 129B 64B
2015 2016 2017 2018 2019 2020 2021 2022

Private Funds

Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count30 GAV$10,565,554,144
Fund TypeLiquidity Fund Count1 GAV$5,194,272,146
Fund TypePrivate Equity Fund Count1 GAV$15,729,650
Fund TypeSecuritized Asset Fund Count13 GAV$2,166,973,553
Fund TypeOther Private Fund Count4 GAV$91,996,873

Related Companies

Adviser City, State AUM Employees SMA’s Private Funds
WESTERN ASSET MANAGEMENT COMPANY, LLC City, StatePASADENA, CA, United States AUM$298.7 b Employees471 SMA’sYES Private Funds49
WESTERN ASSET MANAGEMENT COMPANY LIMITED City, StateLONDON, United Kingdom AUM$33.6 b Employees49 SMA’sYES Private Funds0
WESTERN ASSET MANAGEMENT COMPANY PTE LTD City, StateSINGAPORE, Singapore AUM$4.0 b Employees20 SMA’sYES Private Funds0
WESTERN ASSET MANAGEMENT COMPANY LTD City, StateCHIYODA-KU, TOKYO, Japan AUM$3.0 b Employees20 SMA’sYES Private Funds0

Related Companies Historical AUM

WESTERN ASSET MANAGEMENT COMPANYWESTERN ASSET MANAGEMENT COMPANY LIMITEDWESTERN ASSET MANAGEMENT COMPANY PTE LTDWESTERN ASSET MANAGEMENT COMPANY LTD20152016201720182019202020212022$0.0 $50.0 b$100.0 b$150.0 b$200.0 b$250.0 b$300.0 b$350.0 b$400.0 bValue$371.11 b$41.79 b$3.39 b$1.80 b$359.06 b$37.38 b$4.48 b$1.05 b$225.20 b$36.38 b$4.91 b$1.03 b$342.23 b$36.03 b$5.16 b$3.53 b$352.21 b$36.34 b$4.04 b$1.62 b$390.45 b$32.20 b$4.35 b$1.74 b$410.69 b$33.14 b$4.59 b$2.26 b$313.92 b$28.03 b$3.07 b$1.23 b