Asset manager Legg Mason Inc. (NYSE: LM) is set to buy U.K. investment firm Martin Currie Holdings Ltd. for an undisclosed price.

Baltimore-based Legg Mason expects the deal to broaden the firm's product and equity offerings, namely within emerging markets.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.