Lots of Brandywine and a broken trophy
Nothing pleases Outsider more than confirmation that winners of Money Management's Fund Manager of the Year award actually appreciate the accolade and celebrate their win accordingly.
Thus, he was delighted to see the Legg Mason team appropriately celebrating their firm being named Fund Manager of the Year for 2017 and even more delighted to hear that an important request had been received from Legg Mason a few days later – “can we have a replacement trophy, please”.
It seems that in all the excitement and celebration, the highly prized Fund Manager of the Year trophy had come to grief in a fashion which might have allowed it to be displayed in Legg Mason’s Melbourne and Sydney offices at the same time – a split allocation, as it were.
Money Management being a benevolent institution and adhering to the old maxim that people in glass houses ought not throw stones, agreed to provide a replacement trophy for the Legg Mason team.
After all, if Outsider remembers correctly, Brandywine is part of the Legg Mason funds management stable and putting that together with a significant celebration you get a heady mix.
Rumour has it that certain members of the Legg Mason team seemed to be suffering severe jet lag when they disembarked from their Sydney to Melbourne flight but air travel will do that, sometimes.
AUTHOR
The Outsider
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