The Investment Leadership Video Series showcases the specialized expertise of our portfolio managers from across the Legg Mason family of investment affiliates. This provides our clients with transparency into their investment philosophies and processes and highlights our competitive differences across the spectrum of investment strategies.

Brandywine Global Investment Management has built up significant experience across fixed income, equity and global portfolios that invest in US and international 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, being headquartered in Philadelphia with satellite offices in Chicago, San Francisco and Singapore.

ClearBridge Advisors (ClearBridge) focuses exclusively on managing US equity portfolios across all market capitalisations, utilising a variety of investing styles. The firm is a wholly owned affiliate of Legg Mason, but operates independently from its offices in New York and San Francisco.

Legg Mason Capital Management specializes in long-term, valuation based equity management for clients around the globe. Its goal is to deliver outstanding long-term performance to clients. The firm is recognized for its distinct culture and process, which utilize lessons learned from diverse sources such as science, academic research and behavioral finance to evolve and excel in complex, adaptive markets.

The Chief Investment Officers from four of Legg Mason's largest affiliates share their perspectives on what's ahead in the markets.

Permal Investment Management Services Limited, ("Permal"), a pioneer in multi-manager, multi-strategy investments, was established in 1973 with the launch of its first fund of funds to provide European investors with access to US-based investment managers.

Royce & Associates (Royce), established in 1972, is dedicated to managing portfolios of small- and micro-cap US companies. Based in New York and with nearly four decades of small-cap investment experience, the firm uses a disciplined value approach to portfolio management.

Founded in 1971, Western Asset Management Company (Western Asset) is one of the world's leading fixed income managers. Western Asset's expertise extends across all of the world's major bond markets with offices based in Pasadena, New York, London, Tokyo, Singapore, Hong Kong, Melbourne and Sau Paulo.