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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Legg Mason affiliate, Brandywine Global, becomes signatory of United Nations-supported Principles for Responsible Investment

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Brandywine Global Investment Management, LLC, a wholly owned subsidiary of Legg Mason, Inc., have announced it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI). “Signing on to the Principles for Responsible Investment (PRI) is the latest initiative in Brandywine Global’s ongoing integration of environmental, social, and corporate governance (ESG) issues

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Leading asset manager asks, “Is there a chance of an emerging market crisis under the Trump Presidency?”

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Following the U.S. election, the dollar strengthened against many currencies while emerging markets experienced periods of tightening liquidity and volatility. Richard Lawrence, Senior Vice President, Portfolio Management at Brandywine Global Investment Management, says the emerging market selloff is a knee-jerk reaction to the election results. Lawrence said, “We still like what we are seeing in

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Financial advisers play increasingly important role for Australians, Legg Mason survey

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A rising number of Australian investors are seeking out professional financial advice and have considerable trust in their advice, according to the Legg Mason 2016 Global Investment Survey. Legg Mason surveyed 4,103 high net worth investors aged from 40 to 75 (“investors”) and 1,267 high net worth investors aged 18 to 39 (“millennials”) about their

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Australian investors reluctant to use technology: Legg Mason global survey

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When it comes to investing, Australians are the least willing to embrace new technology, according to the Legg Mason 2016 Global Investment Survey. Legg Mason surveyed 4,103 high net worth investors aged from 40 to 75 (“investors”) and 1,267 high net worth investors aged 18 to 39 (“millennials”) about their investment goals across 19 global

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A new approach to maximising retirement income

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  Older Australians and their financial advisers need to reconsider the traditional building blocks of retirement portfolios to avoid people running out of money in retirement, according to global asset manager Legg Mason. Speaking yesterday at Legg Mason’s 2015 Retirement Income Symposium, Reece Birtles, Chief Investment Officer for Legg Mason-owned asset manager Martin Currie Australia, said

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Australians looking for a formal plan from their advisers

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Australians value structure and planning most highly in their relationship with their advisers, compared to global investors who are focused on performance, according to recent Legg Mason research. Surveyed as part of the Legg Mason Global Investment Survey, which looked at the attitudes of over 4,200 investors in 20 countries, Australian investors were asked to

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Legg Mason Global Investment Survey: Conservative Aussies missing global opportunities

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Australians are vastly more conservative investors than their global counterparts, and may be missing out on key opportunities to improve returns, according to Legg Mason’s 2015 Global Investment Survey. The survey, which looked at the attitudes of over 4,200 affluent investors in 20 key markets, found Australian investors were particularly conservative and unwilling to take

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