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Legg Mason expands Australian equities team
Former Deutsche global head of Australian research sales and account management William Baylis has joined Legg Mason as multi-strategy portfolio manager of its Australian equities asset management business.
Legg Mason Equities chief investment officer Reece Birtles said Baylis is an expert on the range of Legg Mason Australian equities products.
"His (Baylis') appointment strengthens our approach to understanding investor needs and using our stock selection and portfolio construction skills to match those needs with tailored solutions such as income, dynamic value, low concentration and A-REITs (Australian Real Estate Investment Trusts)," Birtles said.
The addition of Baylis brings Legg Mason Australian Equities and Real Asset team to 14 following the recent appointment of Matthew Davison as senior research analyst.
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