Legg Mason

Evan Bauman, co-manager of the $3.2bn (£2bn) Legg Mason ClearBridge US Aggressive Growth fund, is still seeing value in blue-chip biotechnology firms in the US despite the huge rally in the wider sector.

Regina Borromeo has more than doubled exposure to mortgage-backed securities in the Legg Mason Income Optimiser fund since the start of the year as a play on the housing recovery in Europe.

Fund rationalisation may be coming to an end after a few years of groups actively cutting their product ranges, according to Fitch Ratings.

Turning Martin Currie into a powerhouse

Legg Mason's CEO tells Investment Week about his ambitious plans for Martin Currie after finally securing a deal the US giant had been chasing "for years".

With US equities marking 4 July celebrations by reaching fresh highs this week, Investment Week looks at the best performers of the past three years.

Legg Mason has wound up its £7m Continental European Equity fund following a run of poor performance, as it continues with the restructure of its US business.

Legg Mason's Evan Bauman has compared the market conditions in the US to the bubble environment of 2000 as valuations reach record levels.

Brazil and Mexico offer the best opportunities for investors seeking an entrance to emerging market debt, Western Asset Management Europe's director has suggested.

David Coombs, head of multi-asset at Rathbone Unit Trust Management, is cutting out all passive equity exposure across his fund range and buying concentrated, high conviction portfolios in an effort to add alpha.