Legg Mason, one of the world’s largest funds management groups, today unveiled plans to open its second Australian office in Sydney, strengthening commitment to investors and clients across the region.
The Legg Mason Sydney office will be managed by newly created position for a National Key Account Manager who will report to Head of Sales, Beau Titchkosky.
Country Head and Managing Director of Legg Mason Australia, Andy Sowerby said that the decision to open a sales and distribution office in Sydney “was driven by the firm’s strategic growth plan for 2017”.
“Powered by our multi-affiliate model, we have the depth and capability to build and deliver a range of solutions tailored to Australian investors. The Legg Mason offering has a range of highly rated and competitive investment products that are gaining increased support across the market.
“We have a long-term record of managing investments in Australia and are greatly encouraged by the growing support from investors across the retail, wholesale and institutional sectors. In order to better service our clients, we will open a new office in Sydney and will add our first recruit in early 2017,” he said.
Legg Mason has A$968 billion of assets under management globally and a A$40 billion footprint in Australia that includes investments in pooled funds and mandates with affiliated fund managers such as Martin Currie, Western Asset, Brandywine Global and EnTrustPermal.
About Legg Mason
Legg Mason is one of the world’s largest funds management groups, with a history that dates back to 1899. The firm is listed on the New York Stock Exchange and employs approximately 3,100 employees in 31 offices worldwide.
One of Legg Mason’s most distinguishing characteristics is its global multi-affiliate model. Legg Mason provides a global platform and centralised business and distribution support for its nine affiliated fund managers that include: Brandywine, Clarion Partners, Clearbridge, EntrustPermal, Martin Currie, RARE (in addition to its own domestic distribution), Royce & Associates, QS Investors and Western Asset. Each affiliate operates independently under its own brand and investment process, and is considered an industry expert in its asset class.
Legg Mason offers a diverse set of investment solutions across institutional, wealth management and direct investor channels, covering a range of asset classes including Australian equities, global equities, fixed income, real assets, income, alternatives, emerging markets, direct lending and multi-asset
Simrita Virk at Shed Media
Legg Mason Asset Management Australia Limited (ABN 76 004 835 849 AFSL 240827) is part of the Global Legg Mason Inc. group. Any reference to ‘Legg Mason Australia’ is a reference to Legg Mason Asset Management Australia Limited. Before making an investment decision you need to consider, with or without the assistance of a financial advisor, whether such an investment is appropriate in light of your particular investment needs, objectives and financial circumstances. Neither Legg Mason Australia, nor any of its related parties, guarantees the performance or the return of capital invested. Past performance is not necessarily indicative of future performance. Investments are subject to risks, including, but not limited to, possible delays in payments and loss of income or capital invested. These opinions are subject to change without notice and do not constitute investment advice or recommendation.