Baring Asset Management's new CIO Marino Valensise has commenced his new role today.
Valensise has replaced Michael Hughes, who will continue at the firm until the end of the year in a consultant capacity.
Alan Wilde will assume responsibility of Valensise’s previous post as fixed income and currency head.
”I am delighted to take up the role of chief investment officer at Barings and look forward to leading our 100-plus strong team of investment professionals as global markets continue to experience interesting and volatile conditions,” Valensise says.
“I would like to congratulate Alan on his promotion to head of the fixed income and currency team. He has a wealth of experience in the fixed income industry and has played a significant role in helping us develop our product range in this area since joining Barings in 2004.
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