Legg Mason offers second Brandywine bond fund to UK

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Legg Mason Asset Management has unveiled its $34m Brandywine Global Opportunistic Fixed Income fund to the UK market.

The fund was originally launched in June 2010 for a trial phase to a limited number of investors, but has now been added to the group's Dublin LMGF (Legg Mason Global Funds) range. It is the second offering from Legg Mason subsidiary Brandywine Global to be brought to the UK. Its $434m Brandywine Global Fixed Income product has been available to UK investors since September 2003. Both funds leverage Brandywine Global's top down, value-driven investment process, with the Global Opportunistic Fixed Income fund having the additional ability to invest in the credit and mortgage-backed ...

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