BrandywineGLOBAL – Global Opportunities Bond Fund Team Nominated for Morningstar 2017 U.S. Fixed-Income Fund Manager of the...
January 19 2018 - 10:00AM
Business Wire
Brandywine Global Fixed Income Team
Recognized for Long-Term Risk-Adjusted Returns
David Hoffman, Stephen Smith, Jack McIntyre and Anujeet Sareen,
portfolio managers of the BrandywineGLOBAL – Global Opportunities
Bond Fund (GOBSX), have been nominated by Morningstar for the 2017
U.S. Fixed-Income Fund Manager of the Year award. This nomination
marks the third time in six years the Global Opportunities Bond
Fund, managed by Brandywine Global Investment Management, LLC
(Brandywine Global), the Philadelphia-based investment manager with
$74 billion in AUM, has been nominated for the award, including
previous recognitions for 2012 and 2014.
The Morningstar awards acknowledge managers who not only
delivered impressive performance in 2017, but have also generated
excellent long-term risk-adjusted returns and have been good
stewards of fund shareholders' capital.
“As a team, we insist on challenging each other and conventional
thinking to ensure we’re making what we feel are better investment
decisions. Our top-down, macro-driven process focuses on
identifying value across the globe, and we believe this global
approach brings comprehensive, informed perspectives to our
clients,” said David Hoffman, managing director and portfolio
manager for Brandywine Global. “We’re honored that Morningstar has
again recognized our disciplined approach to global fixed-income
markets and our commitment to delivering long-term, risk-adjusted
returns.”
GOBSX seeks to maximize total return by employing a top-down,
value-oriented and macro-driven investment approach to find the
most attractive combination of high real yields, undervalued
currencies and improving fundamentals across global fixed-income
markets.
All investing involves risk. Past performance is no guarantee of
future results.
Fixed income securities involve interest rate, credit,
inflation, and reinvestment risks; and possible loss of principle.
As interest rates rise, the value of fixed income securities falls.
Asset-backed, mortgage-backed or mortgage related securities are
subject to additional risks such as prepayment and extension risks.
High yield bonds possess greater price volatility, illiquidity, and
possibility of default. International investments are subject to
special risks including currency fluctuations, social, economic and
political uncertainties, which could increase volatility. These
risks are magnified in emerging markets. Derivatives, such as
options and futures, can be illiquid, may disproportionately
increase losses, and have a potentially large impact on fund
performance. The Fund is not diversified, which means that it is
permitted to invest a higher percentage of its assets in any one
issuer than a diversified fund. This may magnify the Fund’s losses
from events affecting a particular issuer. The Manager’s investment
style may become out of favor and/or the Manager’s selection
process may prove incorrect; which may have a negative impact on
the Fund’s performance. Please see the prospectus for a more
complete discussion of the fund’s investment objectives, risks,
charges and expenses.
About Brandywine Global
Brandywine Global Investment Management, LLC (Brandywine Global)
believes in the power of value investing. Acting with conviction
and discipline, Brandywine Global looks beyond short-term,
conventional thinking to rigorously pursue long-term value. Since
1986, the Firm has provided a range of differentiated fixed income,
equity and alternative solutions to both institutional and retail
clients. An independent affiliate of Legg Mason, Brandywine Global
manages $74 billion in assets under management as of September 30,
2017, with headquarters in Philadelphia and offices in San
Francisco, Montreal1, Toronto1, Singapore2 and London3. Visit
www.brandywineglobal.com and the Firm’s industry-leading Around the
Curve blog.
To obtain any further information on any BrandywineGLOBAL fund,
please read the prospectus, call your financial advisor, or visit
www.leggmasonfunds.com/individualinvestors.
About Legg Mason
Legg Mason, Inc. is a global asset management firm with assets
under management of $754 billion as of September 30, 2017. The
Company provides active asset management in many major investment
centers throughout the world. Legg Mason is headquartered in
Baltimore, MD, and its common stock is listed on the New York Stock
Exchange (symbol: LM).
Morningstar 2017 U.S. Fixed-Income Fund Manager of the
Year Awards
Established in 1988, the Morningstar Fund Manager of the Year
award recognizes portfolio managers who demonstrate excellent
investment skill and the courage to differ from the consensus to
benefit investors. To qualify for the award, managers' funds must
have not only posted impressive returns for the year, but the
managers also must have a record of delivering outstanding
long-term risk-adjusted performance and of aligning their interests
with shareholders. Managers' funds must currently have a
Morningstar Analyst Rating™ of Gold or Silver.
This nomination does not imply positive performance
for the funds being discussed.
© 2018 Legg Mason Investor Services, LLC member FINRA, SIPC.
Brandywine Global Investment Management, LLC and Legg Mason
Investor Services, LLC are subsidiaries of Legg Mason, Inc.
1 Brandywine Global Invest Management (Canada), ULC2 Brandywine
Global Investment Management (Asia) Pte. Ltd3 Brandywine Global
Investment Management (Europe)
INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE |
MAY LOSE VALUE
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Gregory FCA for Brandywine GlobalJimmy
MoockJimmy@GregoryFCA.comOffice: 610-228-2125Cell: 610-348-7849
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