Legg Mason
US asset manager
Legg Mason is a US investment management firm with a focus on asset management and serves customers worldwide.
Legg Mason serves individual and institutional investors on six continents and has $7446bn in AUM (as of 30 June 2018). It uses a multi-manager business model, with each of the company's subsidiaries operating independently.
The company offers products in equities and fixed income, as well as domestic and international liquidity management and alternative investments. Created in 1970 through the acquisition of Mason & Co by Legg & Co to form Legg Mason & Co, it has since become the 20th largest asset manager in the world. Among its brands is Edinburgh-based equity specialist Martin Currie.
Investment Trusts
Martin Currie Pacific trust's shareholders have agreed to rename the company Martin Currie Asia Unconstrained trust, as it moves away from commitments to invest in Japan and Australia.
07 July 2015
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US
Neptune's Felix Wintle has described 2014 as a "frustrating" year for performance but has prospered again this year in part due to a zero weighting in "bond proxy" utilities.
02 July 2015
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3 min read
Unit trusts/OEICs
Legg Mason has integrated eight Martin Currie equity funds into its ICVC fund range, in a move that brings all its subsidiaries under one umbrella in the UK.
29 June 2015
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Investment
Legg Mason chief executive Joe Sullivan has said Martin Currie is planning further hires as it begins to reposition following its acquisition by the US giant last year.
17 June 2015
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Global
Mark Whitehead has left Sarasin & Partners to lead Martin Currie's rejigged equity income team.
03 June 2015
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Industry
Legg Mason is renaming a number of portfolios in its ICVC fund range to reflect the underlying investment manager.
27 April 2015
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Pensions
An investor survey conducted by Legg Mason has revealed only 15% of UK investors are looking to buy a multi-asset fund upon retirement.
08 April 2015
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