Martin Currie

For Europe and the Americas

Spent eight years at the firm

Legg Mason has announced it intends to buy Martin Currie in the last quarter of the year for an undisclosed sum.

Alan Burnett, head of UK intermediary business at Martin Currie, is to leave the firm at the start of June for Lyxor Asset Management.

SOAPBOX

SOAPBOX

While open-ended emerging markets fund managers contended with redemptions last year, investment trust managers were able to cut through the short-term noise and focus on the task in hand. Here, managers explore some of the key emerging market destinations....

CONDENSED NEWS

The Financial Services Authority (FSA) has fined Martin Currie Investment Management Limited and Martin Currie Inc £3.5m for failing to manage a conflict of interest between two clients.