Peters takes over Legg Mason Value Trust
Mary Chris Gay has left her role as assistant manager of the Legg Mason Value Trust, which is managed by Sam Peters.
Mary Chris Gay has left her role as assistant manager of the Legg Mason Value Trust, which is managed by Sam Peters.
A greater proportion of global investors are confident they can reach their financial goals over the next 12 months with the help of an adviser compared with those who are looking to do it on their own, research reveals.
Legg Mason and Western Asset are launching an infrastructure debt fund to capitalise on the predicted growth in global infrastructure investment.
Esemplia, Legg Mason’s dedicated emerging markets firm, has hired two new senior investment staff.
Income is increasingly important to investors, and at least half are prepared to take more risk in order to achieve greater returns, a survey by Legg Mason has found.
Emerging market debt and liquid assets are the order of the day for Legg Mason’s Global Multi Strategy Bond Fund as the manager prepares for a volatile 2013 in credit markets.
Joseph Sullivan has been appointed president and chief executive officer of Legg Mason, and will also become a member of the board of directors.
Legg Mason Capital Management is to be integrated into ClearBridge Investments, though star manager Bill Miller will not be joining the equity unit.
Perceived safe havens such as government bonds are beginning to resemble the tech bubble of the late 90s, according to Legg Mason subsidiary Royce & Associates.
Legg Mason subsidiary ClearBridge Advisors has named Scott Glasser as its co-chief investment officer.
Legg Mason has added a number of its offshore funds across eight separate IMA sector classifications.
Fixed income manager Western Asset, an affiliate of Legg Mason, has strengthened its Singapore-based team, with the appointment of four analysts and portfolio managers.