Funds management group Legg Mason has announced plans to open a second Australian office early in 2017.
The new Sydney-based office will be headed up by a newly created and as yet unfilled role, national key account manager, who will report to head of sales Beau Titchkosky.
The opening of a second Australian office follows the appointment of Andy Sowerby as Legg Mason Australia’s new country head and managing director in August 2016.
Mr Sowerby said the decision to open the new office was in line with the company’s “strategic growth plan” for the new year.
“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.
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