A newly-created position for a national account manager has been announced by Legg Mason who are expanding their distribution base in Australia with a new Sydney office to be opened early in 2017.

The appointee, who is yet to be announced, will report to head of sales, Beau Titchkosky, the asset manager said in a statement. The Legg Mason offering has a range of highly rated and competitive investment products that are gaining increased support across the market.

Commenting on the expansion, country head and Managing Director of Legg Mason Australia, Andy Sowerby, (pictured) said that the decision to open a sales and distribution office in Sydney was driven by the firm’s strategic growth plan for 2017.

Sowerby 512

«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,» said Sowerby.