In the US equity market, Scott Glasser of ClearBridge Advisors recommends increasing exposure to pharmaceuticals and cutting allocations to the energy sector, among other things.
Tag : clearbridge
Mark Fetting has revamped the corporate structure, boosted risk management, and is now looking how to grow Legg Mason, including acquisitions in emerging-market equities.
Most fund managers failed to act or insulate their portfolios, believing they understood the downside, according to ClearBridge's Harry Cohen and Scott Glasser.