Legg Mason
Appeal of real estate trusts for income set to fade
Real estate investment trusts (Reits) may see total returns come off recent highs by the end of 2016, as energy infrastructure and dividend-paying stocks take the lead among equities that provide regular income, said Mark McAllister, senior portfolio manager at Clearbridge Investments, a Legg Mason affiliate.
People Moves | 18 Oct 16
PEOPLE MOVES: Lombard Odier, Manulife, Legg Mason
Lombard Odier Private Bank has added six to its roster as the company builds its UK presence. Manulife has announced a promotion in its individual financial products division in Hong Kong, while Legg Mason Global Asset Management has named a business development director.
People Moves | 30 Aug 16
PEOPLE MOVES: Axa, Noah, Schroders
Axa Asia has appointed a regional chief risk officer, while Chinese wealth manager Noah has made changes to its senior executive team. A fund manager is to depart Schroders, with Legg Mason bolstering its international product team in Australia.
Legg Mason adds currency hedged class to infrastructure fund
Legg Mason has launched sterling hedged share classes for the firm’s IF Rare Global Infrastructure Income Fund to provide investors with exposure to infrastructure equities while lessening the impact of currency fluctuations.
Parallel distribution – the model for a post-Brexit world
Legg Mason’s head of product strategy, Jaspal Sagger, and Justin Eede, the company’s head of insitutional sales, are confident their ‘parallel’ distribution and product strategies will help them navigate any hazards these uncertain times may bring post-Brexit.