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Henderson think that moderating growth is inevitable since China is rebalancing its economy towards a more sustainable level after aggressive stimulus.

June economic data suggest that China’s economy has not derailed from the expansionary track.

Featured articleDouble-dips are rare. Since 1884 there have been only 3 recessions out of 38 that qualify.

Equity valuations offer a sufficient safety margin for any secondary slowdowns.

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Featured articleFirst-quarter US gross domestic product was revised downward in late June.

But economic output indicates that the economy probably performed better than many believe.

The objective of Legg Mason Southeast Asia Special Situations Trust (LMSSST) is to achieve medium to long-term capital appreciation by focusing on companies in Singapore, Malaysia, Thailand, Indonesia and the Philippines which are “Special Situations”, that is, those companies which have yet to gain the attention of the market.
1-year gain +18.00% Risk level High Asset class Equity