Legg Mason eyes new markets, HK buildout
The US fund house is exploring entry to two new markets in Asia and is looking to build a fund manufacturing capability in Hong Kong, its management reveals.
US fund house Legg Mason is mulling entry to two new markets in Asia and is looking to install a fund manufacturing capability in Hong Kong, its management has revealed.
Hosting a media luncheon in Hong Kong yesterday, chairman and chief executive Joseph Sullivan stressed that the firm’s priority was to focus on three key areas for growth: international business, non fixed income and the retail industry.
Legg Mason, which has $708 billion in assets under management globally, has…
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