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.”