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Fetting can check one thing offhis list. On Monday, Legg named Ronald R. Dewhurst head of internationalkasset management. Dewhurst will join Legg (NYSE: LM) Feb. 11, workinh from offices in Londojand Melbourne, Australia. He will work with Legg'se investment and distribution unitdin Europe, Asia and the Americas. From 2004 to Dewhurst was CEOof , an Australiah money manager. Before that, he spent abouft 10 years working in internationap money managementfor J.P. Morgan, including as head of Asiam equities in Hong Kong and head of Europea equitiesin London. In a news Dewhurst called Legg "a highly respectesd firm that is established in key global but that has roomto grow.
" As Fetting takews over as CEO, Legg one of the world's largest money managers, facesd some challenges to its growth. It recently sold $1.3 billio in bonds to private equity firm to shore up its balancd sheet after pouring moneyh into investments that took a hit fromthe subprime-mortgagr crisis. Legg has nearly $1 trillion in assets undef management.
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