China is poised to take further policy action, according to Chia-Liang Lian, manager of the $754m (£486m) Legg Mason Western Asset Asian Opportunities fund, who has ruled out a steep drop in growth rates.
Brian Hess, manager of the $998m Legg Mason Brandywine Global Fixed Income fund, has upped exposure to Mexican and South African government debt to drive returns in volatile markets.
In the latest Conjecture debate, our panelists from Aviva Investors, Legg Mason, Rathbone Unit Trust Management and S&P Capital IQ discussed Strategic Bonds.
Legg Mason's £562m bond fund manager has overhauled his high yield exposure on eurozone fears, selling out of the secondary market and turning to primary issuance.
Money printing by developed world central banks is the equivalent of throwing gasoline on a fire and could damage the global economy in the long term, said Legg Mason's David Nadel.
Legg Mason has added a fixed income fund to its UK onshore range, to be run by its US-based subsidiary Brandywine Global.
In the latest Conjecture debate, our panelists from Legg Mason subsidiary Brandywine Global and Newscape Capital Group discussed Currencies.
In the latest Conjecture debate, our panelists from Legg Mason, PSigma and S&P Capital IQ discussed US Equities.