The fund has been running under the Legg Mason brand since 2015 but it has a track record going back over 20 years with the team working together for several years. Divya explained that this is a collaborative approach with the entire team being involved in the investment process. Each team member has a sector specialism and remuneration rewards are based on the success of the strategy.
Where they believe the fund differs from others is their focus on ESG which has been something that they have engaged with since 2001. They are industry leaders and have worked with many companies. More recently they have worked with Credicorp in Peru on developing lending policies. They are active in voting against things they don’t believe are right….read more