Legg Mason appoints new sales director

13 November 2017
| By Oksana Patron |
image
image
expand image

Legg Mason has appointed Justin Nunan as its new institutional sales director, in a move to boost the firm’s  Australian institutional sales team.

Nunan, who has extensive knowledge of the Australian superannuation sector, joined from Media Super where he was investment manager, responsible for managing approximately $5 billion of assets.

Prior to this, he was the head of treasury at ME Bank.

Legg Mason’s managing director, Andy Sowerby, said: “We are delighted to have Justin join our team.

“We are very impressed with his strong investment credentials and the extensive experience he brings to the table – a unique mix of sales, investment management and a thorough understanding of complex financial issues.”

Legg Mason has currently $962 billion in funds under management (FUM) globally.

“I see Legg Mason as offering something particularly unique with proven capabilities across all major asset classes including through leading investment managers such as Clarion Partners, Brandywine Global, Entrust Permal and QS Investors,” Nunan said.

According to FE Analytics, Brandywine Global Fixed Income Trust delivered annualised return of 3.54 per cent for three-year period to 31 October.

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND