"We see substantial growth potential in Mexico," said Lars Jensen, Legg Mason's Head of Americas International.
Legg Mason installs cross-border distribution head in Sao Paulo
After 10 years as a Western Asset Brazil executive, Roberto Teperman now has the role of distributing the entire fund platform of the Legg Mason group, which includes nine subsidiaries around the world.
Western Asset preps global-equity feeder allocating to sister firm ClearBridge Investments
The feeder fund will hit the ground running with BRL 35 million (USD 11 million) raised from Brazilian pension funds, said Marc Forster, executive director at Western Asset Mgt. in Sao Paulo.
Western Asset readies global funds for local launch in Brazil
Brazilian-based Western Asset is planning to launch funds with strategies in global fixed income in early July, when CVM Instruction 555 comes into force. The instruction brought major changes to investment funds, including making it easier to create and distribute funds of cross-border funds.
Legg Mason announces deal for Martin Currie
The addition of Martin Currie is designed to expand Legg Mason’s capabilities in active equities, with the inclusion of the firm’s global equity, global emerging markets, Asian equity, European equity, Japan and China equity funds.