SEARCH

Legg Mason funds receive Zenith thumbs up

Legg Mason has announced it received positive ratings from research house Zenith for three of its bond funds offered to the Australian retail market.

According to a statement, the newly launched Legg Mason Asset Global Bond fund and the Legg Mason Western Asset Macro Opportunities have both received ‘recommended’ ratings.

The Legg Mason Brandywine Opportunistic Fixed Income Trust received a ‘highly recommended’ rating, the statement said.

Legg Mason Australia and New Zealand managing director Andy Sowerby said these ratings from Zenith justifies the group’s decision to expand its bond offering to the Australian retail market.

Advertisement
Advertisement

“There is a growing awareness among retail investors, especially in a low interest rate environment, about the capacity for bonds to generate income and capture capital appreciation, and the active management underpinning all three funds aims to achieve these two goals,” Mr Sowerby said.

“These new Zenith ratings reinforce Legg Mason’s active approach to fixed interest, giving investors a comprehensive range of bond funds to meet their specific investment goals.”

Legg Mason funds receive Zenith thumbs up
default
ifa logo

Join the debate to improve the issues that surround affordability and accessibility within the advice industry at ifa’s brand-new event, ifa Future Forum.

Join your peers to uncover game-changing industry solutions to pave the way for solving the problem of accessibility and affordability. Utilise your extensive knowledge to formulate ideas and help futureproof advice. Register your free place now! ifafutureforum.com.au

Subscribe to the ifa bulletin

Receive daily online news,analysis, reports and business strategies
By signing up you agree to our Terms of Use and Privacy Policy

Website Notifications

Get notifications in real time and stay up to date with content that matters to you.