Downside in markets always worse than predicted
Most fund managers failed to act or insulate their portfolios, believing they understood the downside, according to ClearBridge's Harry Cohen and Scott Glasser.
Harry Cohen and Scott Glasser are co-portfolio managers of the ClearBridge US Appreciation Fund, which is part of a range of products offered by Dublin-domiciled Legg Mason Global Funds. They share with AsianInvestor their thoughts on the global credit crisis and what they expect to come out of it. Cohen is a senior portfolio manager and the CIO at ClearBridge Advisors, while Glasser is a senior portfolio manager and the co-director of research.
As of December 2008, the $3.8 billion …
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.