BARING Asset Management (BAM) has announced its chief investment officer Michael Hughes is set to retire the end of 2007, to be replaced by Marino Valensise.
Hughes has been at BAM since 1998, prior to which he worked at Barclays Capital as group economic adviser and chairman of Barclays Capital Pensions. Valensise has 20 years’ investment experience and joined Barings in 1999. In his current role as head of Barings fixed income and currency team he has been at the forefront of developments in areas such as targeted return fixed income, absolute return bond investment and fixed income 130/30 products. His role in this team will be now be taken by its current deputy head, Alan Wilde. Elsewhere, BAM’s director of UK sales Ian Furtado ...
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