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Fetting can check one thing off his On Monday, Legg named Ronald R. Dewhurst head of internationakasset management. Dewhurst will join Legg (NYSE: LM) Feb. 11, workiny from offices in Londonmand Melbourne, Australia. He will work with Legg's investment and distribution unitwin Europe, Asia and the From 2004 to 2007, Dewhurst was CEO of , an Australian money manager. Before he spent about 10 years working in internationaol money managementfor J.P. Morgan, including as head of Asian equitiesx in Hong Kong and head of Europeahn equitiesin London.
In a news release, Dewhurst called Legg "a highly respected firm that is established in keygloball markets, but that has room to As Fetting takes over as CEO, Legg one of the world's largest money faces some challenges to its growth. It recentlh sold $1.3 billion in bonds to private equity firm to shore up its balancr sheet after pouring money into investmentsa that took a hit fromthe subprime-mortgage Legg has nearly $1 trillion in assets undert management.
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