Brandywine Global Multi-Sector Income and Brandywine Global Opportunistic Fixed Income Strategies Win 2015 Asia Asset Management Awards

PHILADELPHIA--(BUSINESS WIRE)--

Brandywine Global Investment Management, LLC, a wholly owned subsidiary of Legg Mason, Inc. LM, announced today that the Brandywine Global Multi-Sector Income Strategy, managed by Gary Herbert, Regina Borromeo, Tracy Chen, and Brian Kloss, received the Best of the Best 3-Year Performance Award for Global Bonds, and the Brandywine Global Opportunistic Fixed Income strategy, managed by David Hoffman, Steve Smith, and Jack McIntyre received the Best of the Best 20-Year Performance Award for Global Bonds, from Asia Asset Management.

Asia Asset Management's performance awards recognize the most outstanding players in the fund management business in Asia. The performance awards are dedicated to measuring the accomplishments of each company based on the performance statistics of funds being managed. The top performer among each category is awarded for the last three, 10 and 20 year periods.

"We are very proud to have received this recognition of our macroeconomic research and ability to seek out value in the global fixed income market," said David Hoffman, managing director and portfolio manager. "It speaks to the merit of our philosophy and strategies."

Global Multi-Sector Income is a flexible fixed income strategy that targets consistent income levels while aiming to protect principal and seek modest total return. The Global Credit team adds rigorous bottom-up, proprietary credit research to their global fixed income investment process. As an example of this research, please feel free to read How much is a revolver worth? on the Brandywine Global "Around the Curve" blog.

The Global Opportunistic Fixed Income strategy seeks global bond investments offering the best combination, in our view, of high real yield and attractive fundamentals given our macroeconomic outlook. This value-based strategy maintains a primary focus on sovereign debt with a goal of unlocking the potential performance benefits of mean-reversion tendencies in interest rates and currency valuations.

About Brandywine Global

Brandywine Global Investment Management, LLC ("Brandywine Global") offers a broad array of fixed income, equity, alternatives, and asset allocation strategies that seek value across global markets. Founded in 1986 by a group of highly experienced portfolio managers, the firm has been a wholly owned affiliate of Legg Mason, Inc. since 1998 but operates independently. The firm manages $69 billion as of 12/31/15 for institutional and high net worth investors, with headquarters in Philadelphia and office locations in San Francisco, Montreal¹, Toronto¹, Singapore² and London³. Brandywine Global pursues one investment approach: value investing. Through practical experience, we have determined that value-style investing — whether in equity, alternatives, or fixed income markets, in the U.S. or internationally — can provide solid risk-adjusted returns over full investment cycles, and it is a particularly important strategy in today's global markets.

About Legg Mason

Legg Mason, Inc. is a global asset management firm with assets under management of $656.7 billion as of February 29, 2016. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, MD and its common stock is listed on the New York Stock Exchange LM.

© 2016 Brandywine Global Investment Management, LLC

All investments involve risk. Equity securities are subject to price fluctuation and possible loss of principal. Past performance is no guarantee of future results.

¹ Brandywine Global Invest Management (Canada), ULC
² Brandywine Global Investment Management (Asia) Pte. Ltd
³ Brandywine Global Investment Management (Europe)

View source version on businesswire.com: http://www.businesswire.com/news/home/20160329006109/en/