Legg Mason hires new Head of UK Sales

June 19th, 2017

Alexander Barry will move to Legg Mason as Head of UK Sales in August 2017, reporting into Justin Eede, Head of Europe and Americas Distribution. Barry will be responsible for a team of nine client facing professionals and will lead Legg Mason’s UK Distribution business.

Barry has nearly 20 years’ worth of experience in various sales positions at his former company J.P. Morgan, including his most recent role as Senior Relationship Manager for Global Strategic Relationships. Other positions that he held included Head of UK Asset Manager Sales and Head of Retail Sales in the UK.

Eede said: “Investors are increasingly looking for us to provide investment solutions and deeper insight into how to combine strategies to achieve their goals. Alex’s excellent reputation and extensive experience in growing and servicing key client relationships will be invaluable to Legg Mason as we look to expand the investment choices we deliver to our intermediary clients across the UK. We look forward to welcoming him on board.”

Barry commented: “Providing global investors with choice and offering compelling, actively managed solutions is key in an environment characterised by increased geopolitical and financial market uncertainty. Legg Mason’s affiliate model, which is designed to harness a diverse range of skills and solutions across a suite of independent, entrepreneurially minded asset managers, is uniquely placed to deliver investment excellence. I look forward to working with Justin and the Legg Mason team to continue to build on their success in the UK.”

Legg Mason have $728 billion AUM and in the last fiscal year, they have completed four strategic acquisitions.  In the most recent quarter (Q4/2017), they reported gross and net sales of $23.6 billion and $5.1 billion in the global retail distribution platform.

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