Martin Currie is an Edinburgh-based equity specialist founded in 1881, which is an independently managed investment affiliate of Legg Mason, one of the world's largest asset management firms.
Its stock-focused approach is guided by in-depth research and careful portfolio construction. It invests for the long term to focus on equity growth.
Legg Mason to be valued at $50 per share
Acquisition completion expected 31 July
Infrastructure investment expected to increase
New fund to be launched at end of year
Securities Trust of Scotland serves protective notice
Global Long-Term Unconstrained Equity manager
Woodford drama proves independent oversight is necessary
It has been a strong showing for European equities in recent weeks, with the European Central Bank (ECB)'s policy action – and the rate cut in the US – all helping to lift shares higher.
Concentrated portfolio of 20 to 40 high-quality companies