Legg Mason Asset Management has given Australian domiciled wholesale investors access to an actively managed portfolio of US equities through the launch of its US value trust.
The Legg Mason US Value Trust invests in equities that have been determined as trading at a significant discount to that of the assessed valuation.
The investment team adheres strictly to a value-driven, research incentive process that focuses on assessing the intrinsic value of companies.
In other words, it uses multiple methodologies to analyse a company’s ability to generate excess cash flow, earn high returns on capital and allocate capital efficiently.
Legg Mason Capital Management senior vice-president and portfolio manager Chris Gay said he was confident Australian investors would benefit from a dedicated allocation to US equities.
“Legg Mason Capital Management is now recognised around the world for its distinct value investment process and history of outperforming clients’ benchmarks,” he added.
