Legg Mason expands Australian footprint
Fund manager, Legg Mason, has moved to widen its Australian footprint with the opening of a second office in Sydney.
The company announced that the Sydney office would be managed by a newly created position for a national key account manager who will report to head of sales, Beau Titchkosky.
Commenting on the move, Legg Mason country head and managing director, Andy Sowerby, said 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," he said.
Sowerby said Legg Mason had a long-term record of managing investments in Australia and was 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.
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