Western Asset, a Legg Mason fixed income specialist affiliate, has announced a newly created role of investment specialist and client executive.

Based in Melbourne, Jonathan Baird joins Western Asset with immediate effect as fixed interest investment specialist where he will be responsible for managing client interests across the Legg Mason Western Asset fund range covering both Australian and global strategies.

Fixed income focused Western Asset currently has assets under management of $425.9 billion globally.

Baird joins Western Asset from UBS Asset Management where he was an Investment Specialist in the Australian fixed income team. He was responsible for communicating Australian and global fixed income investment strategies to clients and consultants and supporting distribution and product
development.

Low Interest World

He previously worked at Zenith Investment Partners as a lead analyst for four years on debt and equity sector reviews.

«In this low interest world investors are keen to construct a well-diversified and balanced portfolio and to utilise best of breed fixed income strategies,» said Anthony Kirkham, head of Western Asset Australia.