Barings’ multi asset team member lines up Threadneedle role, Franklin Templeton boosts multi-asset team, Principal Global Investors eyes Benelux sales, Pictet AM hires from Mercer, Merrill Lynch looks to Italy’s wealthy.
Asset manager Principal Global Investors LLC is to take a 74% stake in UK-based Origin Asset Management LLP, a global equity specialist, for some $66m (£40.7m).