Legg Mason nabs from JPMAM for UK sales head

Legg Mason has appointed JP Morgan Asset Management veteran Alexander Barry as head of UK sales.

Barry, who will be responsible for a team of nine, was at JP Morgan Asset Management for 20 years in various sales positions, most recently as senior relationship manager for global strategic relationships.

Previously, he was head of UK asset manager sales and head of retail sales in the UK.

Legg Mason’s previous head of UK sales Adam Gent left for Allianz Global Investors last year to become head of retail and wholesale.

Barry started his career in sales at Fidelity International.

He will report to Justin Eede, head of Europe and Americas distribution.

Eede said: “Investors are increasingly looking for us to provide investment solutions and deeper insight into how to combine strategies to achieve their goals.”

Eede says Barry’s reputation will facilitate Legg Mason’s expansion of investment choices for UK intermediary clients.

Barry says: “Providing global investors with choice and offering compelling, actively managed solutions is key in an environment characterised by increased geopolitical and financial market uncertainty.”