Amazon to boost Australian retail sector

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Martin Currie Australia, an active equity affiliate of Legg Mason, yesterday noted that contrary to some analyst reports, the entry of online retailer Amazon in Australia could boost the domestic retail sector instead of a ‘doomsday scenario’ for the sector. Reece Birtles, chief investment officer, Martin Currie Australia says that “It’s clear that some hedge funds […]

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Jonathan Baird joins Western Asset as fixed interest investment specialist

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Western Asset, a Legg Mason fixed income specialist affiliate, today announced the appointment of Jonathan Baird to the newly created role of investment specialist and client executive. Based in Melbourne, Baird will be responsible for managing client interests across the Legg Mason Western Asset fund range covering both Australian and global strategies. Baird joins Western […]

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A global bond fund “for all seasons” – a new fund launch from Legg Mason Brandywine Global

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Legg Mason, one of the world’s leading funds management groups, has announced that its highly-regarded fixed interest affiliate manager, Brandywine Global, will together launch a new fund for the Australian retail market designed to enhance income potential, manage volatility and preserve capital via a strategy of investing across global fixed income sectors. The Legg Mason Brandywine […]

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Legg Mason Martin Currie’s Equity Income Strategy added to HUB24

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Legg Mason, one of the world’s largest funds management groups, last week announced that the Legg Mason Martin Currie Equity Income Strategy has been added to the HUB24 platform via a Separately Managed Account (SMA). Legg Mason Martin Currie’s Equity Income Strategy aims to provide a high growth and well diversified income stream. It also seeks […]

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Legg Mason appoints Head for new Sydney office

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Legg Mason, a leading global multi – affiliate investment manager, today announced the appointment of Matt Stovold as the firm’s national key account manager and head of the newly opened Sydney office. Reporting to Head of Sales, Beau Titchkosky, Stovold will have responsibility for driving retail distribution and key partner relationship management across New South […]

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Legg Mason Martin Currie Real Income Fund surpasses $500 million in funds under management

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Legg Mason, a global multi-affiliate investment manager, today announced that the Legg Mason Martin Currie Real Income Fund has now over $500 million in funds under management. Legg Mason Managing Director, Australia and New Zealand, Andy Sowerby said: “Launched in late 2010 the Legg Mason Martin Currie Real Income Fund is an investment strategy designed […]

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Zenith gives three Legg Mason bond funds strong ratings

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Independent research house Zenith has given strong ratings to three bond funds being offered to the Australian retail market by the multi-affiliate global fund manager Legg Mason. The newly launched Legg Mason Western Asset Global Bond Fund was rated ‘Recommended’, the Legg Mason Western Asset Macro Opportunities Fund ‘Recommended’, and the Legg Mason Brandywine Opportunistic […]

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Legg Mason names new head of marketing

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Global funds management firm, Legg Mason, has announced the appointment of Felicity Nicholson as the firm’s head of Head of Marketing in Australia and New Zealand. Reporting to Managing Director, Andy Sowerby, Nicholson will be responsible for the strategic marketing and communications programs for Legg Mason and its affiliates across Australia and New Zealand. Nicholson joins […]

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Legg Mason reports solid December quarter

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Demonstrating the sound business structure behind its multi-affiliate model, Legg Mason Inc. has reported net income of US$51.4 million on revenues of US$715.2 million in the December quarter, 2016. The latest quarterly results compared with net loss of US$138.6 million in the December quarter of 2015 and a profit of US$66.4 million in the September […]

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Lonsec awards Legg Mason Martin Currie Ethical Income Fund “Highly Recommended” rating

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Legg Mason Martin Currie yesterday announced that it has been awarded “Highly Recommended” 1 rating for its Ethical Income fund (the Fund) from Lonsec Research (Lonsec). Martin Currie, with over $10 billion in assets under management in Australia, is an active equities fund manager affiliate of Legg Mason. Launched a year ago, the Fund invests in […]

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