Two of Legg Mason’s fixed income funds have been added to Colonial First State’s FirstWrap platform to give advisers access to the leading funds.
The Legg Mason Brandywine Global Opportunistic Fixed Income Fund and Legg Mason Western Asset Australian Bond have both been added to the platform and are available for financial advisers.
The Brandywine Fund currently manages over $635 million of investors and offers an unconstrained high conviction global fixed income strategy with a go-anywhere opportunistic style.
The Western Asset Fund manages over $1 billion in funds under management and typically invests in Australian dollar-denominated debt securities paying fixed or floating rate coupons issued by governments and corporates.
Legg Mason’s managing director for Australia and New Zealand Andy Sowerby said he was pleased to have these funds on the FirstWrap platform as they showcased the capabilities of its specialist management.
“These flexible bond strategies are designed to help investors build more resilient and diversified portfolios. They increasingly appeal to investors due to the long-term strength of the propositions, competitive pricing and high independent ratings,” said Mr Sowerby.
“We continue to ensure these award-winning funds are accessible via effective partners in structures that appeal to a variety of investors, be it financial advisers, self-directed investors or institutional clients,”
After starting a bidding war, the APA Group is now arguing its AusNet takeover offer is far more attractive than the Brookfield scheme and w...
The government-owned green bank and Commonwealth Bank have bought into the world’s liquidity hub for ESG-inclusive commodities, Xpansiv. ...
Australian Ethical has expanded its range of actively managed multi-asset options with a new offering. ...