Brandywine Global Investment Management was incorporated in the state of Delaware in 1986 as Brandywine Asset Management. Our founders created a business plan with the objective of achieving steady asset growth through effective investment management and top-quality client service. After building a successful track record with large- and small-cap domestic value strategies, we sought to increase the depth and breadth of our products to meet the needs of our clients. Toward this end, Brandywine Global developed fixed-income and balanced products in 1992, followed by international value equity products in 1993.

In January 1998, Brandywine Asset Management was acquired by Legg Mason, Inc., a New York Stock Exchange listed company which has been providing investment services to institutions and individuals since 1899. Operating as a wholly-owned but independent subsidiary of Legg Mason, Brandywine Global continues to retain complete investment autonomy and full control over all management, strategic, and employment decisions.

Since the late 1990s, the firm has grown significantly, building its assets from about $6 billion to the current level of over $47 billion (as of 6/30/2008). This growth has been fueled, primarily, by an increasing presence in international markets, particularly in Europe, Asia, the Middle East, and South Africa. In May 2006, our firm changed its name to Brandywine Global Investment Management, which better captures this global presence. We also relocated our offices from Wilmington, DE, to the Cira Centre at 30th Street Station in Philadelphia.