The Global Currents investment team has broad-based experience in global equities, which has been gained by managing global value equity strategies for over ten years. Founded by a group of portfolio managers, Global Currents maintains objectives of achieving steady asset growth through successful investment. The global investment team's key members average 20 years' industry experience and leverage a research process that enables the team to evaluate companies with a truly global perspective. The firm is a wholly owned affiliate of Legg Mason, Inc. but operates independently from its headquarters in Wilmington, Delaware.
Global Currents is a true value manager. Their philosophy is grounded in the fact that value stocks tend to outperform the market over full market cycles and that a disciplined, bottom-up approach allows a skilled investor to capture potential additional return premium. To manage company-specific risk, they look to buy only those stocks that are at the lower end of their historical valuation ranges and have significant catalysts to spur future growth. This 'time-tested' approach has the potential to provide excellent risk-adjusted returns over full investment cycles, and it is a particularly important strategy in today's global markets.