Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Multi-asset team quits Barings as former Schroders equity boss arrives

Multi-asset team quits Barings as former Schroders equity boss arrives

Three multi-asset managers have resigned from Barings, with the firm also recruiting the former global head of equities at Schroders.

Percival Stanion has quit as head of the firm’s multi-asset group to take up an external opportunity, and his colleagues Andrew Cole (pictured) and Shaniel Ramjee have followed him out of the company.

Marino Valensise, chief investment officer at Barings for the past seven years, has been named as Stanion’s replacement. He will now manage the Baring Dynamic Asset Allocation fund, while Christopher Mahon will oversee the Baring Multi Asset fund.

Barings has also hired Ken Lambden as its new chief investment officer; Lambden was most recently global head of equities at Schroders, running more than £90 billion of assets.

‘We are pleased to welcome Ken to the firm as we continue to strengthen and develop our investment capabilities,’ said chief executive David Brennan.

‘It is a natural fit for Marino to assume leadership of our multi-asset franchise ensuring continuity of investment approach and insight across the portfolios.’

Sonja Laud has also moved from Schroders to Barings as a multi-asset income investment manager, reporting to Valensise.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Potential US rate rise, cheap oil & the Europe opportunity

Potential US rate rise, cheap oil & the Europe opportunity

This week we analyse the implications of a possible rise in US interest rates, the impact of cheap oil and the European equity opportunity.  

Play Carmignac's Crowl: what QE could mean for Europe

Carmignac's Crowl: what QE could mean for Europe

The ECB is widely expected to finally fire its QE gun this week. Carmignac's Sandra Crowl discusses the implications for the eurozone.

Play Grexit worries, currency wars and a grizzly outlook for 2015?

Grexit worries, currency wars and a grizzly outlook for 2015?

The first Investment Pulse of the year looks at the potential impact of Greece leaving the euro, volatility in currency markets and the UK’s economic prospects.

Your Business: Cover Star Club

Profile: DIY investing is biggest threat to industry, says Whitechurch

Profile: DIY investing is biggest threat to industry, says Whitechurch

The industry is at risk of pushing potential investors down the DIY route unless it does more to make its services accessible says the Whitechurch Securities boss

Wealth Manager on Twitter