Legg Mason appoints head of international asset managment - Baltimore Business Journal:

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Fetting can check one thinf offhis list. On Monday, Legg namede Ronald R. Dewhurst head of internationaloasset management. Dewhurst will join Legg LM) Feb. 11, workinvg from offices in Londonand Melbourne, Australia. He will work with Legg' investment and distribution unitsin Europe, Asia and the From 2004 to 2007, Dewhurst was CEO of , an Australiahn money manager. Before that, he spent about 10 years working in internationao money managementfor J.P. Morgan, including as head of Asian equitie in Hong Kong and head of Europeanh equitiesin London.
In a news Dewhurst called Legg "a highly respected firm that is establisher in keyglobal markets, but that has room to As Fetting takes over as CEO, Legg one of the world's largest money faces some challenges to its growth. It recentlt sold $1.3 billion in bonds to privatew equity firm to shore up its balance sheeyt after pouring money into investments that took a hit fromthe subprime-mortgagee crisis. Legg has nearly $1 trillion in assets under management.