Marino Valensise to become Barings’ chief investment officer

Marino Valensise, the fixed-income and currency head at Baring Asset Management in London, is to replace Michael Hughes as chief investment officer at the end of this year.

Hughes, who has been with Barings since 1998, is retiring.

Valensise joined the firm in 1999 and will be replaced in his fixed-income role by Alan Wilde, currently deputy head of the team.

Wilde joined Barings in 2004 from Abbey National Asset Managers, where he was head of fixed income.

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