News

Western Asset hires Michael Dale for dual Asia role

Asia_PacificLegg Mason affiliate Western Asset has hired Michael Dale as the head of Asia Pacific (ex-Japan) for client and service marketing and head of the Singapore office to further boost the firm on the continent, the firm announced on July 3,2019. Dale has relocated to Singapore for the role, which was effective on May 1. He reports to James W Hirschman, chief executive and Rudi Otter, head of international client service and marketing. Dale’s responsibilities will include strategising, planning, and executing the firm’s strategy, deepening client relationships and “bringing Western Asset’s diversified and specialised fixed-income investment solutions to clients in Asia, Australia and New Zealand, especially insurers and pension funds,” the firm said in a statement. In his most recent role with Western Asset, which is one of nine Legg Mason affiliates, Dale was the head of Australia and New Zealand client service and marketing and was based in Melbourne. The global fixed income manager has $435.8 billion in assets under management. ©2019 funds global asia

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