Brandywine Global – Global Income Opportunities Fund Inc. (NYSE:BWG) (the 'Fund') Announces Portfolio Management Team Update
NEW YORK--(BUSINESS WIRE)--Effective December 31, 2025, it is anticipated that David F. Hoffman, CFA will step down as a member of the portfolio management team for the Fund. Thereafter, Mr. Hoffman will transition to an advisory role with Brandywine Global Investment Management, LLC ('Brandywine Global').
Effective July 31, 2025, Paul Mielczarski will become a member of the Fund's portfolio management team, which will consist of the members listed below:
Jack P. McIntyre
Brian L. Kloss
Anujeet Sareen
Tracy Chen
Paul Mielczarski
Data and commentary provided in this press release are for informational purposes only. Franklin Resources, Inc. and its affiliates do not engage in selling shares of the Fund.
For more information about the Fund, please call Fund Investor Services: 1-888-777-0102, or consult the Fund's website at www.franklintempleton.com/investments/options/closed-end-funds. The information contained on the Fund's website is not part of this press release. Hard copies of the Fund's complete audited financial statements are available free of charge upon request.
The Fund's shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor's risk of loss. All investments are subject to risk, including the risk of loss.
About Brandywine Global
Brandywine Global offers a broad array of fixed income, equity, alternatives, and asset allocation strategies that seek value across global markets with approximately $63 billion in total assets under management as of March 31, 2025. Founded in 1986 and headquartered in Philadelphia, the firm maintains strategically located offices across the United States, Europe, Australia and Asia. More information about the firm is available at www.brandywineglobal.com.
About Franklin Templeton
Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton's mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and $1.57 trillion in assets under management as of May 31, 2025. For more information, please visit franklintempleton.com and follow us on LinkedIn, X and Facebook.
Category: Fund Announcement
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
26 minutes ago
- Yahoo
Long Island Capital Alliance Appoints Kyle Lawrence to Board of Directors
MELVILLE, NY / / June 24, 2025 / The Long Island Capital Alliance ("LICA"), Long Island's leading non-profit capital formation and business development organization, today announced the appointment of Kyle Lawrence to its Board of Directors. With this addition, LICA's Board has grown to 14 members. Kyle Lawrence, 46, is a Partner with the NY-based law firm Falcon Rappaport & Berman LLP ("FRB") where he is part of the leadership team of FRB's Corporate & Securities Practice Group and serves as Co-Chair of the Digital Assets Practice Group. His practice spans a wide range of corporate and securities matters, including mergers, acquisitions, private placements, joint ventures, corporate finance, licensing, and distribution arrangements. Mr. Lawrence regularly represents clients in industries such as telecommunications, food manufacturing, emerging technologies, retail, and software development. He also advises private issuers and principals on operations, compliance, and capital raising in securities transactions. "We are very pleased to welcome Kyle as the newest member of our Board," said Michael Lane, Chairman of LICA. "He brings a diversified range of corporate and securities law representation, with a focus on the emerging area of digital currencies. These professional attributes are vital to business formation on Long Island and represent needed expertise as we continue to expand LICA's regional presence and capabilities." Mr. Lawrence's experience in the Digital Assets Practice Group includes advising companies on blockchain, cryptocurrency, Web3, and NFT matters, focusing on the intersection of corporate and securities laws with these emerging technologies. He assists companies in launching tokens and cryptocurrency, as well as structuring onshore and offshore ventures. Mr. Lawrence earned a JD degree from Hofstra University after graduating from Tulane University with a BA in Political Science and English. He resides in Merrick with his loving wife, Carolyn, and his dog, Holly. Save the Dates - Upcoming LICA Events September 26, 2025 -- Health Care Capital Forum About Long Island Capital Alliance Since 1984, the Long Island Capital Alliance ( formerly known as Long Island Venture Group, has been promoting business growth on Long Island. LICA seeks to create a productive and business-friendly environment that will afford area businesses access to the resources necessary to compete successfully in today's markets. LICA serves as a focal point for the exchange of ideas among new and existing business enterprises, successful entrepreneurs, investors, and service providers. Through quarterly capital forums and special meetings, LICA brings together members of the region's business community and has been recognized as the place to turn to when small businesses need equity, debt, or other financing, or for investors to find an attractive investment opportunity. LICA's mission is to encourage economic development on Long Island by facilitating capital formation for a broad range of companies in various industries, from early stage to mature, middle market, closely held and publicly traded businesses. LICA accomplishes this primarily through education, networking, quarterly capital forums, periodic special educational meetings, and alliances with other regional organizations. LICA brings together members of the region's business community and serves as the finance arm for significant local business and organizations. The work of LICA in assisting dozens of local companies in raising over $150 million and providing business formation consultation would not be possible without the support of its sponsors. A total of 14 sponsors provide LICA, a non-profit organization, with financial contributions and in-kind services. Our sponsors contribute significant time and effort to the success of LICA. Please support them! For more information on LICA sponsors and next events, please contact LICA today or register online at * * * Contact: Jordan DarrowDarrow Associatesjdarrow@ SOURCE: Long Island Capital Alliance View the original press release on ACCESS Newswire Sign in to access your portfolio
Yahoo
33 minutes ago
- Yahoo
Melcor announces election of directors
EDMONTON, Alberta, June 24, 2025 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced the results of its annual general meeting (AGM), held today. A total of 24,073,887 shares were voted in person or by proxy, representing 79.59% of the outstanding shares as of the record date. Shareholders approved all items of business before the AGM, including the election of directors as follows: Nominee Votes For % Votes For Votes Withheld % Votes Withheld Douglas Goss 23,056,154 96.37% 869,497 3.63% Andrew Melton 23,043,154 96.31% 882,497 3.69% Kathleen Melton 23,041,454 96.30% 884,197 3.70% Timothy Melton 23,043,654 96.31% 881,997 3.69% Bruce Pennock 23,056,154 96.37% 869,497 3.63% Janet Riopel 23,044,854 96.32% 880,797 3.68% Catherine Roozen 23,023,054 96.23% 902,597 3.77% Ralph Young 23,043,154 96.31% 882,497 3.69% About Melcor Developments Ltd. Melcor is a diversified real estate development and asset management company with a rich heritage of innovation in real estate since 1923. Through integrated operating divisions, Melcor manages the full life cycle of real estate development: acquiring raw land, community planning, construction and development, and managing revenue-producing office, retail and residential assets. Melcor develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses. Melcor is committed to building communities that enrich quality of life – communities where people live, work, shop and play. Contact Information: Investor Relations780-945-4795ir@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
38 minutes ago
- Yahoo
Parkland shareholders approve Sunoco takeover, management board slate
CALGARY — Fuel refiner and retailer Parkland Corp. says shareholders have voted in favour of its planned takeover by U.S. company Sunoco LP. At a special meeting, shareholders also voted in support of the director nominees that Parkland's management put forward, drawing an end to a bitter proxy fight with an activist investor seeking a board overhaul. Parkland owns the Ultramar, Chevron and Pioneer gas station chains as well as several other brands in 26 countries and a refinery in Burnaby, B.C. More than 93 per cent of shareholders cast their ballots in support of the US$9.1-billion cash-and-stock friendly offer from Sunoco announced last month. Members of Parkland management's director slate got varying levels of support, most garnering around two-thirds in favour. Caribbean-based Simpson Oil, which owns 20 per cent of Parkland's shares, had been pushing for sweeping changes at the Calgary-based company, but ultimately decided to back the Sunoco deal in the hopes it would address its "lamentable performance." Engine Capital, another activist shareholder with a 2.5 per cent stake, said it wouldn't support the Sunoco deal as it stands because the deal was rushed, the price was too low and there were likely other options available. The deal is still awaiting approval under the Investment Canada Act, which considers foreign investments in Canadian businesses, and approval to list shares of the combined company on the New York Stock Exchange. This report by The Canadian Press was first published June 24, 2025. Companies in this story: (TSX: PKI) Lauren Krugel, The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
