Legg Mason Martin Currie Emerging Markets Fund added to Macquarie Wrap
The Legg Mason Martin Currie Emerging Markets Fund has been added to the Macquarie Wrap investment platform.
The Legg Mason Martin Currie Emerging Markets fund is an actively managed, high-conviction strategy that aims to hold a portfolio of 40-60 stocks across about 20 countries and 20 industries. Its largest holdings are in China, South Korea, Taiwan and India, across companies in the information technology, consumer discretionary, financial and communications industries.
“The team has an investment horizon of at least five years, typically owning their investments for multi- year periods in order to fully exploit market inefficiencies and let companies reach their long-term intrinsic value,” portfolio manager Alastair Reynolds said.
In other platform news, the Lonsec Sustainable Managed Portfolios will be available on Netwealth from July 2021. Lonsec said the portfolios, which are already available on HUB24, will be expanding across other major platforms throughout 2021. The portfolios offer investors multi-asset portfolios with a focus on investment products that make a demonstrably positive impact to the world.