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Legg Mason looks to expand in Asia, says CEO

Group wants to grow in equity investment capabilities

Mr Sullivan: Legg Mason will continue to accelerate its investments, 'certainly in Singapore but also in Taipei, Shanghai and Hong Kong'. -  PHOTO: YEN MENG JIIN

US-BASED global asset management group Legg Mason is seeking expansion in Asia, particularly in terms of its equity investment capability. Joseph Sullivan, the group's president and chief executive, says he works on the expansion plans "virtually every day". It is not yet decided whether the