Liquidity in the corporate bond market will never recover to 2007 levels because investment banks are now so risk averse, according to Legg Mason's global bond manager Ian Edmonds.
Legg Mason Global Asset Management is set to add clean share classes to its fund range ahead of the retail distribution review.
In the latest Big Debate, our panelists from Legg Mason Global Asset Management, Smith & Williamson and S&P Capital IQ discussed US Equity Income.
Chief executive officer and chairman of Legg Mason Mark Fetting is to step down on 1 October.
In the latest Big Debate, our panelists from Legg Mason Global Asset Management, S&P Capital IQ and TwentyFour Asset Management discussed Fixed Income.
Carmignac Gestion has followed Legg Mason in adding some of its flagship funds to the IMA's sector listings for the first time, while PIMCO is understood to be in talks to make a similar move.
Legg Mason has added its $1bn Brandywine Global Fixed Income fund and 16 other offshore offerings to the IMA's fund sectors for the first time.
Legg Mason's fixed income specialist subsidiary Western Asset Management has boosted its Asian fixed income team with four hires.