Nature of Business
Western Asset is one of the world's leading investment management firms. Its primary business is managing fixed-income portfolios, an activity the Firm has pursued since 1971. From offices in Pasadena, New York, Sao Paulo, London, Zurich, Singapore, Hong Kong, Tokyo and Melbourne, Western Asset provides investment services for a wide variety of global clients, across an equally wide variety of mandates. As of 30 June 2019, Western Asset has US$450 billion in assets under management.