Baring Asset Management has appointed Staffan Lindfeldt as head of global emerging market (GEM) equities and Isabelle Alexander as investment manager within the GEM equities team.
Lindfeldt is replacing former GEM equities head Roberto Lampl, who has now left the firm.
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Lindfeldt will report to Tim Scholefield, head of equities, and Alexander, who will join on 12 June 2013, will report to Lindfeldt and will assist with the management of the GEMs portfolios, alongside William Palmer.
In his new role, Lindfeldt will be responsible for leading and managing the GEMs equities team and will be the lead portfolio manager on several of the GEMs portfolios including mutual funds and segregated portfolios, subject to regulatory approval.
Lindfeldt joins Baring from Handelsbanken Asset Management in Stockholm where he was chief portfolio manager for global emerging markets.
Alexander formerly worked for nine years at Pictet Asset Management, as investment manager in the GEM equities team.
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By GlobalDataBaring head of equities, Tim Scholefield, said: ‘Global emerging market equities is an area where we have a long investment history and where we expect to see very strong long-term growth. It is therefore important that we offer our clients a compelling investment proposition in this asset class.’
Funds managed by the GEM team include the Barings Global Emerging Markets Fund which has around US$629.9 million under management.
