LEGG MASON WESTERN ASSET GLOBAL BOND FUND

Actively managed and diversified global fixed income exposure.

Brandywine Global


Winner: Western Asset
Fund Manager of the Year: ‘Fixed Interest, Australia’ category

Western Asset has once again been awarded the Morningstar Fund Manager of the Year – ‘Fixed Interest, Australia’ winning for the third time in the last four years – 2018, 2020 and 2021.

Legg Mason Western Asset Global Bond Fund

The Fund is designed to provide investors with the income and diversification benefits of an actively managed diversified global fixed income portfolio.

GLOBAL INSIGHTS, LOCAL VALUES

Western Asset’s globally integrated fixed income expertise pairs rigorous bottom-up fundamental fixed income valuations and macro-economic analysis to take advantage of global market opportunities.

OPPORTUNISTIC APPROACH

Capability to invest in a diverse set of asset classes, including opportunistic allocations across high yield credit and emerging market debt securities.

STRONG RISK FOCUS

Risk is managed through diversification across markets and sectors, duration management and active hedging of currency exposure.

Meet the Team

The team features deep experience across the Global fixed income landscape. With expertise spanning global macro, sovereign bonds, supranational corporate bonds, and duration management, the team is able to adjust the portfolio to take advantage of diverse return sources.

Kenneth Leech

Kenneth Leech

Chief Investment Officer / Portfolio Manager

  • Joined Firm in 1990
Gordon Brown

Gordon Brown

Co-Head of Global Portfolios / Portfolio Manager

  • Joined Firm in 2011
Richard Booth

Richard Booth

Portfolio Manager

  • Joined Firm in 1999
Dean French

Dean French

Portfolio Manager

  • Joined Firm in 2006
John Bellows, CFA

John Bellows, CFA

Portfolio Manager

  • Joined Firm in 2012

Philosophy & Process

FUNDAMENTAL VALUE

Western Asset employs a value investing framework built on disciplined and rigorous analysis of prices relative to fundamental fair values.

HIGH CONVICTION

Positions are sized based on the team’s assessment of discount to fair value in order to maximise opportunities for alpha generation.

MULTIPLE RETURN DRIVERS 

The Fund seeks to add value across diversified return sources including: currency, sector, duration, yield curve and issue selection.

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