How MLP Weakness Affects Legg Mason, Piper Jaffray: Susquehanna

The Alerian MLP Index (AMLP) lost 3.8% in the second quarter, and is down 8.8% since the start of the year.  Susquehanna Group’s DougSipkin and Justin LaSalle-Tarantin today take a look at how that’s affecting assets managers. They note that Legg Mason (LM) and Piper Jaffray (PJC) are two notable companies in their coverage feeling [...]