Legg Mason appoints Andy Sowerby to Head of Asia Pacific (ex-Japan), while continuing to lead Legg Mason Australia & New Zealand

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Legg Mason announced yesterday that it has appointed Andy Sowerby as Head of Asia Pacific (ex-Japan), in a new, expanded role that seeks to continue to strengthen the firm’s presence across the region.  The appointment is effective 1 October 2019. Mr. Sowerby will continue his position as Country Head and Managing Director for Legg Mason […]

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Zenith adds Legg Mason Western Asset Australian Bond Fund to Elite Blends Portfolios

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The Legg Mason Western Asset Australian Bond Fund, with more than A$1 billion in funds under management, has been added to the Zenith Investment Partners’ Elite Blend portfolios. David Wright, Managing Partner and joint founder of Zenith Investment Partners said: “We are pleased to include this Fund in our managed portfolios, the Elite Blends portfolios, […]

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Leading Legg Mason Fixed Income Funds added to Colonial First State FirstWrap Platform

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Two market-leading Legg Mason Fixed Income Funds, the Legg Mason Brandywine Global Opportunistic Fixed Income Fund and the Legg Mason Western Asset Australian Bond Fund are now available to financial advisers via the Colonial First State FirstWrap platform. The Legg Mason Brandywine Global Opportunistic Fixed Income Fund currently manages over A$635 million for Australian investors and offers […]

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Legg Mason Western Asset Australian Bond Fund crosses one billion dollars in funds under management

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The Legg Mason Western Asset Australian Bond Fund has passed A$1 billion in funds under management, cementing its position as one of the leading Active Australian bond funds in the market. This actively managed Fund is designed to outperform the Bloomberg AusBond Composite 0+ Year Index and is ranked top quartile in its peer group* over 3, […]

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Australian Fixed Income outlook- Domestic economy gets a kick start but global trade a risk

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Domestic Investment Opportunities – credit still a focus Western Asset, a leading fixed income investment manager affiliate of Legg Mason, in its recent midyear market outlook notes: “Trade negotiations have caused a substantial drag on sentiment, particularly over the past year. This has been feeding into softer trade figures and economic data, particularly manufacturing data, […]

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Investors should look at real assets for growing yield

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For investors who are focused on income, real income continues to provide an attractive yield and income growth from defensive assets which benefit from population growth, employment growth and infrastructure spending in the Australian domestic economy. The return of market volatility, along with continued uncertainty regarding the status of cash refunds on franking credits, is […]

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Confident Australian investors take a pragmatic approach to volatility: Legg Mason Global Investment Survey 2018

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Australian investors are more confident about the outlook for investment markets over the year ahead than their counterparts overseas, and a significant number see volatility as an opportunity, the latest annual Legg Mason Global Investment Survey reveals. Australian investors see the best opportunities in the year ahead coming from domestic stocks, followed by international stocks, […]

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Market leading global Legg Mason funds added to Macquarie Wrap

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Legg Mason has recently added two of its global funds, the Legg Mason QS Investors Global Equity Fund and the Legg Mason Western Asset Global Bond Fund, on Macquarie Wrap, one of Australia’s leading investment platforms. Managed by Legg Mason affiliate, QS Investors, the Legg Mason QS Investors Global Equity Fund offers core global equity […]

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Legg Mason hires new Institutional Sales Director

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Legg Mason has announced the appointment of Christina Manonian as Institutional Sales Director. Based in Melbourne, Ms Manonian will report to business head Andy Sowerby. The appointment is effective 30 July 2018. An experienced investment professional with more than 18 years of experience across sales and marketing roles, Ms Manonian joins Legg Mason from Franklin […]

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Legg Mason Western Asset Macro Opportunities Bond Fund now available on CFS FirstWrap  

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Legg Mason, one of world’s largest funds management groups, has announced that the Legg Mason Western Asset Macro Opportunities Bond Fund has been added to Colonial First State FirstWrap platform. The Legg Mason Western Asset Macro Opportunities Bond Fund is a market-leading liquid alternative fund launched in 2016 in Australia and managed by Legg Mason’s Fixed Income […]

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