The Legg Mason Global Investment Survey revealed a global income expectation gap of 3.3 per cent, representing the difference between the return sought on income-producing investments (9.5 per cent) and percentage return earned on income-producing investments (6.2 per cent).

The asset management company said the results confirm the need for better income-producing solutions.

Legg Mason is one of the world’s largest asset managers with over $700 billion (513bn) under management as at March 31. Legg Mason launched into the Maltese market last September through local representative Jesmond Mizzi Financial Advisors Ltd.

Gary Abela and Colette Camiller, Legg Mason business development managers for Malta, commented: “We feel our strong and diverse product range is well positioned to provide solutions for Maltese investors, particularly focused on income-generating products.”

Legg Mason Global Asset Management last week held its first investment seminar for financial advisers in Malta.

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