Adviser Innovation logo
Advisor Inovation logo
Legg Mason fund added to Netwealth platform

Legg Mason fund added to Netwealth platform

author image
By elaina ·
August 02 2017

Legg Mason fund added to Netwealth platform

The Legg Mason Western Asset Macro Opportunities Bond Fund has been added to superannuation and investment platform Netwealth.


The fund utilises an unconstrained fixed-income strategy developed in 2012 by Western Asset, a fixed income affiliate of Legg Mason.

Head of Legg Mason Australia Andy Sowerby said that the fund was designed with an emphasis on active management and macro risk factors.

"This is the fastest growing strategy in the Legg Mason fixed income suite of products globally, with total assets recently surpassing $13 billion."

Western Asset product specialist Joseph Filicetti said the strategy had been "severely tested" over the last two years and proved to be "remarkably resilient".

"We believe the interconnectedness of global markets and the increased importance of central bank policy will continue to fuel dislocations that create opportunities for macro opportunities investors - regardless of the direction of rates," Mr Filicetti said.

Unable to extract YouTube ID from URL
Forward this article to a friend. Follow us on Linkedin. Join us on Facebook.
Find us on Twitter for the latest updates

Subscribe to our Newsletter

We Translate Complicated Financial Jargon Into Easy-To-Understand Information For Australians

Your email address will be shared with nestegg and subject to our Privacy Policy

latest articles