Recognising a gap in its product suite, the firm is building a packaged solutions business combining internal expertise, most likely centralised in London.
Tag : income
A Legg Mason survey of affluent investors worldwide has found Asians most eager to use income investing to grow their wealth, and most curious to know how. See our video interview.
Appetite for income investing is highest among affluent Asians, with a hunger for knowledge and desire to be engaged pointing to new opportunities for managers and advisers.
This year, Japan’s investment trusts will pay around ¥4 trillion in dividends, forcing many to slash payouts or suffer negative cashflows, says Nomura Research Institute.
Institutional investors are buying a broader range of assets to meet income needs, including emerging market credit, high-yield bonds and high-dividend equities.
The firm is marketing a remodelled Asia ex-Japan multi-asset income fund largely for retail investors that allocates dynamically between equities and bonds.