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Article: FUND LAUNCH: New Legg Mason absolute return fund.
- Article from:
- Fund Strategy
- Article date:
- October 12, 2009
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Legg Mason Global Asset Management has launched a global absolute return fund investing in a range of asset classes, including global equity, global fixed income and real estate.
Its managers, Christopher Zuehlsdorff and Alexander Pillersdorf, who are both based in New York, can also invest in infrastructure, commodities, foreign currencies, eligible hedge fund strategies, cash and cash equivalents.
Ajay Dayal, the investment director at Legg Mason, says the fund follows a flexible investment strategy and its Ucits III framework means that the managers can take advantage of different opportunities in a changing economic environment.
According ...