View more on these topics

Legg Mason sees opportunities in flexibility

The Legg Mason Capital Management opportunities fund aims for growth by investing in equities, debt securities, derivatives and other financial instruments. It is based on a US domiciled fund launched in 1999 that is managed by Bill Miller.

This Dublin version has a flexible investment strategy, with investments not restricted by size, style, sector or asset class. It is benchmarked against the S&P 500 index and will invest mainly in the US, but it can have global exposure, including emerging markets. It can also go short using derivatives, which is known as synthetic shorting.

LMCM is a specialist investor in big US companies and is well known for its research-driven investment process that focuses on value. With this fund, the investment manager looks for shares and other securities that have been priced by the market at significant discounts to what research indicates is their true value.

The advantage of this fund is that its go anywhere approach means that it can invest wherever the best opportunities lie and its US bias is not set in stone. This approach can be useful if market conditions change, but it is an aggressively managed portfolio and investors should be aware of its potential for high volatility.



Green shoots

Julian Marr Marr’s Markets

L&G link-up for release referrals

Legal & General Mortgage Club has linked up with Key Retirement Solutions to offer an equity-release referral service. Members can access equity-release plans, including lifetime mortgages and home reversions, from a range of providers. Offers include exclusive products as well as a free initial consultation. Over recent months, many companies have pulled out of the […]

India budget and the liquidity supercycle

Kunal Desai, manager of the Neptune India Fund, comments on how India’s 2017 budget will impact the Indian economy and equity market. Read article here: Important Information – for Investment Professionals only. Not for Retail Clients.Investment risksThe Neptune India Fund may have a high volatility rating and past performance is not a guide to future […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm