Havenport Asset Management Pte. Ltd (“Havenport”), a Singapore incorporated company, is an independent employee-owned company incorporated in Singapore whose founders were executives of Legg Mason Asset Management Singapore Pte. Limited (“LMAMS”). Havenport is focused on managing Asian Pacific equity mandates for a broad spectrum of clients and the key investment personnel has been managing collective investment schemes in Singapore since 1995.
With effect from 3 April 2017, the manager of the authorised funds with the exception of Legg Mason Western Asset Global Bond Trust has changed from Western Asset Management Company Pte Ltd to Legg Mason Asset Management Singapore Pte. Limited. Western Asset Management Company Pte Ltd continues to be the manager of the Legg Mason Western Asset Global Bond Trust. The fund names for Legg Mason Western Asset Asian Enterprise Trust , Legg Mason Western Asset Singapore Opportunities Trust and Legg Mason Western Asset Southeast Asia Special Situations Trust have been changed to Legg Mason Asian Enterprise Trust , Legg Mason Singapore Opportunities Trust and Legg Mason Southeast Asia Special Situations Trust respectively. Havenport is appointed as the sub-manager for Legg Mason Asian Enterprise Trust , Legg Mason Singapore Opportunities Trust and Legg Mason Southeast Asia Special Situations Trust with effect from 1 April 2011.With the appointment of Havenport as the Sub-Manager, it is expected that the same team of people (originally from LMAMS) with the same investment processes will continue to manage the portfolio of the Equity Funds.
With effect from 1 August 2017, the sub-manager of Legg Mason Southeast Asia Special Situations Trust will be changed from Havenport to Martin Currie Investment Management limited (Martin Currie). In addition, the fund name will change from Legg Mason Southeast Asia Special Situations Trust to Legg Mason Martin Currie Southeast Asia Trust.