Legg Mason

Legg Mason has appointed affiliate, Batterymarch, to replace Esemplia Emerging Markets as manager of the Luxembourg-domiciled Legg Mason Asia Pacific (ex Japan) fund.

Investors' risk appetite has continued to improve in recent months as the major developed economies seem to be emerging from recession and signs of a stabilisation in global economic activity increase.

Legg Mason has launched a Global Absolute Return fund managed by its hedge fund specialist affiliate Permal.

Legg Mason is launching its Global Blue Chip Bond vehicle to be managed by its affiliate Western Asset Management.

Although equities have received a great deal of attention in recent weeks, as investors start to look towards more riskier asset classes, the credit market could offer an even better investment

Credit markets have staged an exceptional rally in recent months. The US corporate bond market, for instance, registered record relative returns compared to US Treasuries in April and May (based on the Barclays Capital US Credit Bond Index).

Legg Mason head of retail sales Andy McNulty has been made redundant following a restructure of the t...

Small cap stocks will lead the market in the early stages of recovery, according to Legg Mason affili...

Tony Yousefian has realigned the OPM Balanced Managed fund on a far more cautious footing having been hit hard in the fallout from the collapse of Lehman.

Legg Mason's global fixed income subsidiary Western Asset Management has reduced its exposure to curr...