Legg Mason Asset Management is the Australian asset management business of Legg Mason Inc., one of the world's pre-eminent "pure play" global asset management firms. Legg Mason Inc. is listed on the New York Stock Exchange and managed assets in excess of US$855 billion at 30 June 2006. In Austrlaia, Legg Mason Asset Management offers portfolio management services covering an array of equity, fixed income and asset allocation strategies through our "best of breed" asset management affiliates. Our asset management affiliates include Western Asset Management, Legg Mason Internation Equities, Batterymarch Financial Management, Legg Mason Capital Management and Permal Group.