On May 31, 2014, Legg Mason completed the previously announced acquisition of QS Investors. QS Investors, Legg Mason Global Asset Allocation (LMGAA) and Batterymarch Financial, will create a combined investment platform with unique capabilities and global reach across custom solutions, quantitative equity, liquid alternatives, and multi-manager asset allocation.

We are incredibly excited about the power of this combination, integrating globally recognized expertise, deep intellectual curiosity, and a robust research agenda into a platform that offers clients innovative portfolios aimed at achieving unique investment goals.

We look forward to sharing the advantages of the combined entity with you on the QS Investors site in the weeks ahead. In the meantime, if you have any questions, please contact Marco Veissid at marco.veissid@qsinvestors.com or Wayne Lin at WLin@leggmason.com.