“We want to double the stake of institutionals in our assets”

Legg Mason will in 2014 celebrate its second anniversary on the French market. In an interview with Newsmanagers, Vincent Passa, director of distribution for France, Monaco and Benelux since 2007, welcomes the commercial results achieved since 2013. The objective of assets of USD1bn for the French market will come in due time. In 2014, Legg Mason Paris hopes to benefit from the growing interst of institutionals in geographical diversification. These clients are eventually expected to represent one third of assets.