And that is exactly what has been happening since the shock vote in the UK. Globally, Legg Mason and its specialist fund managers, sensing the concerns of investors, have moved into a proactive communication footing and provided regular updates to investors worldwide, including Australian clients.
A key advantage of Legg Mason’s multi affiliate model is that in times of volatility, investors can be presented with a range of opinions within the Legg Mason stable of fund managers, rather than a single house view. This is particularly relevant when unprecedented events occur and different points of view may be equally valid and helpful to develop a fully informed viewpoint.
All nine fund managers, including Western Asset, Brandywine, Martin Currie, RARE Infrastructure, QS Investors, EntrustPermal, ClearBridge, Clarion Partners and Royce & Associates have been on the front foot on presenting their insights in the Brexit aftermath.
Last Wednesday evening a global teleconference was held with fund managers located in London and New York, to a worldwide audience of Legg Mason investors.
Click here to visit Legg Mason’s Brexit homepage which includes videos, investment perspectives and recorded updates.
The information in this document is of a general nature only and is not intended to be, and is not, a complete or definitive statement of matters described in it. It has not been prepared to take into account the investment objectives, financial objectives or particular needs of any particular person. Legg Mason Asset Management Australia Ltd (ABN 76 004 835 849 AFSL 240827)(“Legg Mason Australia”) is part of the Global Legg Mason Inc. group. Legg Mason Australia does not guarantee any rate of return or the return of capital invested. Past performance is not necessarily indicative of future performance. Investments are subject to risks, including, but not limited to, possible delays in payments and loss of income or capital invested. These opinions are subject to change without notice and do not constitute investment advice or recommendations.
