By devoting all of its resources to fixed income, Western Asset adds unique value to this asset class through active management of fixed income portfolios, with a value-oriented investment approach that is supported by a team of fixed income specialists in every market sector. This includes an extensive credit research team with experience of companies issuing both 'non-investment grade' and 'investment grade' bonds. Western Asset's expertise extends across multiple fixed income sectors around the world.
Western Asset began managing fixed income mandates for Legg Mason Canada in March 2007.
Western Asset believes that significant inefficiencies exist in the fixed income markets. It therefore attempts to add value by exploiting these inefficiencies across the sectors in which it invests by combining traditional analysis with innovative technology. Western Asset uses multiple strategies, including active sector and issue selection, to enhance value while at the same time preventing negative performance from any one strategy having a negative impact on returns. It then augments these strategies by engaging in opportunistic trading to exploit market inefficiencies over the course of an economic cycle.
Western Asset's strategic goal is to add value to client portfolios while adhering to a disciplined risk control process. To accomplish this aim, it targets four main strategies:
Western Asset Management Company 385 East Colorado Blvd. Pasadena, CA 91101
