Legg Mason rolls-out EM fund

The fund is benchmarked to the MSCI Emerging Markets index and aims to provide long-term capital appreciation using a bottom-up, model driven process. The process will analyze over 1,750 stocks on a daily basis, with team members selectively adding opinions where information is difficult to capture quantitatively. Terence Johnson, managing director of international distribution, Legg Mason, said: "This new fund demonstrates our drive to deliver high quality strategies from the Legg Mason affiliate to our clients. We have seen great performance from the Legg Mason Asia Pacific and Battery...