Saltire Court, 20 Castle Terrace, Edinburgh EH1 2ES
Active equity specialists
We are active equity specialists, driven by investment expertise and focused on managing money for a wide range of global clients. Our approach is simple. We offer distinctive active equity portfolios and devote all of our resources to delivering optimum investment outcomes and superior client relationships.
Founded in 1881, we began investing in global equities in the 1920s, developing our Asian and emerging-market capabilities thereafter. Today, we manage active equity portfolios for a global client base of financial institutions, charities, foundations, endowments, pension funds, family offices, government agencies and investment funds, from our offices in Edinburgh, London, New York, Melbourne and Singapore.
An independently managed investment affiliate of Legg Mason, we are self-directed, innovative in our approach, and able to take a long-term view. Our investment philosophy is equally liberated – we build stock-driven portfolios based on fundamental research and focused on our core areas of investment expertise.
Alignment with our clients’ interests is at the heart of everything we do and we actively encourage employee engagement across all areas of our business. This commitment closely aligns our aspirations with those of our clients, enabling a culture of individual responsibility and shared success.
We offer a range of segregated or pooled accounts, each driven by one of three principal strategy types:
- Absolute return
Strategies that aim to produce long-term positive returns irrespective of market movement
- High active share
Relative return strategies that aim to generate alpha through stock selection with a pre-determined level of risk
Income strategies that also aim to provide capital growth
Andy Sowerby Head of Sales, Marketing and Client Service