The Global Currents Investment Management, LLC ("Global Currents"), 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 belief (through the manager’s own research and practical experience) 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.