Australian adviser client satisfaction highest in Asia

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Satisfaction rates among Australian adviser clients are the highest in Asia and second highest in all major global markets, according to recent Legg Mason research. Among those who use an adviser currently, client satisfaction was extremely high relative to the rest of the world. A solid 40% of respondents indicated they were entirely satisfied with

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Legg Mason’s global investment survey: future generations face challenges to wealth

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The majority of Australian investors believe the investment environment facing their younger counterparts will be more difficult, according to Legg Mason’s 2014 Global Investment Survey. The survey, which looked at the attitudes of 4,200 affluent investors in 20 key markets, found Australian investors were particularly concerned when it came to the long-term future of the

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Legg Mason appoints Colin Taylor as sales director to support growth surge

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Legg Mason have announced that Colin Taylor has agreed to join the firm as Director of Sales, based in Melbourne. Colin will promote Legg Mason’s products and affiliate fund managers under Legg Mason’s hybrid distribution structure that encompasses both institutional and retail segments of the market. The appointment follows significant growth in the Australian business,

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Australian investors let down by income investments

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Australian income investors are receiving annual returns almost 3% lower than anticipated from their income producing investments, representing a ‘reality gap’ between investor expectations and actual returns, a trend that is mirrored around the world, according to a Global Income Survey by global asset manager Legg Mason. Australian income investors hoped for an average income

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Legg Mason urges investors to rethink retirement portfolios

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Real assets can be useful tool to produce stable income Legg Mason launches funds to fill gap for retiree tailored products x A new paper released by Legg Mason today argues the burning issue of longevity risk needs to fuel a rethink of portfolio construction for retirees with a greater emphasis on income producing alternatives and equities.

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Asian and Australian bond markets hold strong opportunities for investors, Western Asset says

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‘Kangaroo effect’ sees Australia as destination of choice for foreign issuers Asian bonds more attractive as governments put their houses in order As fears of a sell-out of fixed interest assets build, investors should look beyond large developed bond markets, to Asia and to Australia, for less volatility and potentially higher returns, according to Legg

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