Martin Currie

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".

THE BIG QUESTION

Toby Hogbin has been made chief operating officer at Martin Currie following Darren Cannon's exit from the firm.

Martin Currie is to cut down the size of its UK-domiciled Japan fund range, merging John Millar's Japan fund into the group's Japan Alpha offering, Investment Week can reveal.

Baring Asset Management has hired former Martin Currie director Duncan Goodwin to head its global resources team.

THE BIG QUESTION

Duncan Goodwin, manager of the Martin Currie Global Resources fund, is to leave the firm at the end of the year.

Martin Currie has appointed Michael Millar as an investment manager on its Asian equities team.

Tom Walker has handed over management of the Martin Currie North American fund to his co-manager Penny Kyle.

Japan equity managers are buying back into domestic companies and cutting their exposure to export-led firms as the slowdown in China and a flat yen weigh on sentiment.