Baring Asset Management (Barings) has announced the appointment of Ken Lambden to the position of CIO as of 16 September, following the departure of three senior managers from the multi asset segment of the business.
Based in London, Lambden will report to Barings CEO David Brennan. He joins Barings from Schroders, where he was most recently Global Head of Equities.
He takes over from Marino Valensise, who will now start as head of multi asset group reporting to Lambden. The appointment of Marino as head of Multi Asset Group follows Percival Stanion’s decision to resign to take up an external opportunity. Andrew Cole and Shaniel Ramjee have also decided to resign from Barings.
Barings also announces the appointment of Sonja Laud to the position of Multi Asset Income Investment Manager. Sonja is based in London and reports to Marino Valensise. She joins the firm from Schroders where she was a fund manager with responsibility for five global equity funds that focused on income.
David Brennan commented: “We are pleased to welcome Ken to the firm as we continue to strengthen and develop our investment capabilities. 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.”