The New York-listed asset management firm has enhanced its UK ICVC offering following the merger of Martin Currie's active equity funds.

Legg Mason has integrated eight Martin Currie equity funds within its UK OEIC range.

The integration expands the firm's ICVC fund range, bringing it to 18 and adding £500 million ($788 million) in assets. The merged funds cover emerging markets, European and global equity income, as well as Chinese, Asia-Pacific, global, US and Japanese equities.

The funds sit alongside products from Legg Mason subsidiaries including Brandywine, ClearBridge, Royce, QS Investors and Western Asset.

“We have now integrated Martin Currie’s range of funds into our existing UK-domiciled range following approval from shareholders,” said Legg Mason's head of UK sales, Adam Gent.

“The integration of the Martin Currie funds significantly enhances our ICVC range and means we can now offer our investors access to a wide array of compelling strategies.” 

Gent also highlighted a “new naming convention” across the range, using the abbreviation “IF” (investments funds) to identify each fund as belonging to Legg Mason’s UK onshore range.

As of the end of May, Maryland-headquartered Legg Mason managed $706.8 billion in assets worldwide. It completed its acquisition of UK-based Martin Currie in October last year.