Legg Mason Global Equity Income A Accumulation
HL comment
Hargreaves Lansdown research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. This fund does not fall into either of these categories at present.
Information from the fund manager
Please note: The information in this box has been provided by, and is issued by, the fund manager and not Hargreaves Lansdown.
HL group comment: Legg Mason
Our view on this Fund Management Group as a whole
Legg Mason (previously Johnson Fry in the UK) is one of America's leading asset management company's with $992 billion under management worldwide. Rather than bringing in star fund managers, Legg Mason aims to recruit and nurture fund managers, who become stakeholders of the business so that their interests are aligned with the targets and performance of the business as well as their investors. The most distinctive feature of Legg Mason is its specialised approach to managing money. It houses a selection of prestigious investment management businesses, each focusing on its own area of expertise. These specialist investment managers include Legg Mason Capital Management, Western Asset, Royce & Associates, Brandywine Global Investment Management and Batterymarch Financial Management - each a wholly owned subsidiary of Legg Mason. Investors with Legg Mason don't just have access to a single asset class or manager, they have access to a wide variety of investment disciplines.
13-09-2007
HL sector comment: Global Growth
Our view on this sector
This sector contains a diverse mix of funds so check the investment strategy before you invest. Some funds can provide good all round exposure to world markets, allowing investors to benefit from a wide range of economies, others are more specialist. The credit crunch has affected world markets and this will be reflected in fund returns.
20-11-2008