Legg Mason Brandywine Global Fund tops the ratings in NZ

Research house FundSource has given its highest rating to the Legg Mason Brandywine Global Opportunistic Fixed Income Fund which was only launched in March last year.

“To receive a ‘AAA’ rating so soon after launch speaks volumes for the quality of the Brandywine Global investment team and process. It also justifies our decision to launch the Fund in the wake of the keen interest shown by New Zealand clients in having a local PIE structure,” Legg Mason Australia and New Zealand Managing Director, Andy Sowerby, said:

Director of Sales, Colin Taylor, added: “We are deeply committed to the New Zealand market investing significant resources to continue to expand. To get this top rating from FundSource is an enormous fillip for the team and further underpins our business development plans.”

FundSource says the fund “had performed strongly against the peer sector funds and is attracting keen support in the market despite its short history”.