Legg Mason shuts Western Asset absolute return fund

Follows withdrawal of majority stakeholder

Daniel Flynn
clock • 1 min read

Legg Mason has closed its Western Asset Global Credit Absolute Return fund after a 78% stakeholder withdrew their holdings.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Janus Henderson to shutter four Core multi-asset funds

Janus Henderson to shutter four Core multi-asset funds

Five years of outflows

Patrick Brusnahan
clock 20 February 2026 • 1 min read
Investor attitudes towards defence stocks split amid geopolitical uncertainty

Investor attitudes towards defence stocks split amid geopolitical uncertainty

'Attitudes have shifted'

Patrick Brusnahan
clock 17 February 2026 • 1 min read
EdenTree renames entire fund range to align with SDR labelling

EdenTree renames entire fund range to align with SDR labelling

'Focus' and 'Impact' labels

Michael Nelson
clock 17 February 2026 • 1 min read
Trustpilot