U.S. asset manager Legg Mason has relocated a high achieving Executive Director from Scotland to Melbourne to drive forward the Australian business. 

Having worked for Legg Mason affiliate Martin Currie as Executive Director for Sales, Marketing & Client Service for the past 11 years, Andy Sowerby has now moved to take responsibility for building and managing the Legg Mason business in Australia.

In taking up this new position Sowerby has relocated to Melbourne from Edinburgh together with his family. In the new role he will be replacing former Head of Australia Annalisa Clark, who retired in July 2016.

Institutional and Retail Clients

Prior to his time at Martin Currie, he was joint Managing Director at Investec Fund Managers where he ran the European distribution business and Marketing. He began his career at Scottish Widows Fund Management, where he played a prominent role in building the group’s funds management business.

With A$968 billion of assets under management globally, Legg Mason has a A$35 billion footprint in Australia that includes investments in pooled funds and mandates with affiliated fund managers such as Martin Currie, Western Asset, Brandywine Global and EnTrustPermal.

Sowerby will manage the local funds business that includes the Responsible Entity, Sales, Marketing and Client Service groups.