Legg Mason, a Baltimore-based asset management firm, has selected Jesmond Mizzi Financial Advisors as a local representative for its five new funds launched in Malta.

Local investors can now benefit from the expertise of the Legg Mason subsidiaries responsible for managing the funds – Brandywine Global, ClearBridge Investments, Western Asset.

The funds, which are in the initial phase of registration, will include both fixed income and US equities.

All the Legg Mason funds are available in dollars and hedged to all the main currencies, including euro and sterling.

Legg Mason currently has assets under management of US$656 billion as of September 30, 2013.