Business Continuity Efforts in Response to the Coronavirus
The health and safety of our employees is paramount to Legg Mason. In response to the coronavirus outbreak, Legg Mason has taken precautionary measures for several weeks, including temporarily suspending business travel to significantly affected countries, and asking employees who have traveled to affected areas to work from home for 14 days.
While serving our clients remains our top priority, effective Monday, March 16, we will suspend face-to-face client activity for the foreseeable future, and will instead focus on serving our clients through the use of telephonic and digital communication.
Our investment affiliates have also activated their business continuity plans and expect no interruption in their ability to manage investment portfolios.
Our leadership, affiliates and client service teams around the world remain committed to supporting our clients through this time and will remain proactive and available.
We have activated our business continuity plan, which allows for employees to work remotely in a seamless fashion and clients should expect to experience the same high level of client service that they have come to count on from Legg Mason.
Our responses to this challenging environment are focused on the safety of our employees, support for our clients and are based on established continuity and pandemic plans and guidance from global health organizations, in alignment with various government restrictions.
We continue to monitor the situation closely and will provide regular updates as needed.