Jonathan Baird joins Western Asset as fixed interest investment specialist


Western Asset, a Legg Mason fixed income specialist affiliate, today announced the appointment of Jonathan Baird to the newly created role of investment specialist and client executive. Based in Melbourne, Baird will be responsible for managing client interests across the Legg Mason Western Asset fund range covering both Australian and global strategies.

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

Western Asset is one of the world’s leading fixed-income managers with assets under management of $US425.9bn globally. By devoting all its resources to fixed-income, Western Asset deploys multiple diversified strategies that benefit a range of clients across different environments so no one strategy dominates performance.

Anthony Kirkham, head of Western Asset Australia said: “We have created this role in response to the increased level of interests for our bond funds. 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. Jonathan has the experience and expertise to work with clients in this regard.”

Speaking about his appointment Baird said: “Western Asset is one of the world leaders in fixed income markets measured by performance and scale. I am delighted to join such an impressive organisation and look forward to working with new and existing clients to develop the best investment strategies for the current environment.”

Legg Mason Australia/New Zealand Managing Director Andy Sowerby said: “At Legg Mason, we have expanded our fixed income fund offering to create flexibility and choice for our clients. The range of funds managed by Western Asset are central to this offer. Jonathan brings a depth of expertise and insights that will bolster the strength of Legg Mason Group.”

“The Legg Mason Western Australian Bond Trust is now $470m in size and is Highly Recommended by both Lonsec and Zenith and was awarded the best Australian bond fund by Zenith last year, and a finalist in the upcoming Lonsec awards,” said Sowerby.

Legg Mason Western Asset funds available to Australian investors include:

  • Legg Mason Western Asset Cash
  • Legg Mason Western Asset Cash Plus
  • Legg Mason Western Asset Australian Bond
  • Legg Mason Western Asset Global Bond
  • Legg Mason Western Asset Macro Opportunities

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