Four Legg Mason funds recommended by Zenith
Zenith Investment Partners has applied its ‘highly recommended’ and ‘recommended’ rating to four of Legg Mason global fixed income funds.
The following three funds: the Legg Mason Brandywine Income Optimiser Fund, Western Asset Macro Opportunities Funds and the Legg Mason Western Asset Global Bond Fund received a ‘recommended’ rating while the Legg Mason Brandywine Global Opportunistic Fixed Income Fund was rewarded with a ‘highly recommended’ rating, the firm said.
Both the Brandywine Global and Western Asset investment teams were recognised for their longevity and successful track records as well as deep market insights.
Andy Sowerby, managing director of Legg Mason Australia and New Zealand, said that according to its proprietary analysis, fixed income would continue to be under-represented across most client portfolios.
“We expect to change this. However, the approaches needed to investing in this asset class are also evolving quickly and, therefore, we have worked to deliver a range of differentiated funds that provide both the flexibility and choice investors require,” he said.
“We are very proud that Zenith has given the thumbs up for Legg Mason’s suite of global income funds in their latest review.”
AUTHOR
Oksana Patron
Recommended for you
Australian fund managers are actively seeking to launch Cayman versions of their funds to attract offshore flows, with Regal Partners set to launch its latest offering this month.
As private markets gain traction in Australia but only a limited pool of talent is available, three recruiters explore whether fund managers should consider looking overseas to find top talent.
With an explosion of private credit managers appearing in the market, two alternatives experts believe a consolidation is needed to maintain the quality of the sector.
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.
