Barings makes multi-asset hire

Baring Asset Management has expanded its multi-asset team with the hire of investment manager Matthew Whitbread.

Whitbread will report to Hayes Miller, head of multi-asset for North America, and joins from Boston-based asset manager Fundquest.

At Fundquest, Whitbread was portfolio manager with asset allocation responsibilities and has previously worked at Pyramis Global Advisers and MFS Investment Management.

Miller says: “He brings wide-ranging experience across all asset classes and a sharp understanding of the asset allocation process that will prove highly valuable as we continue to capitalise on the strong proposition we have built in multi-asset investing.”

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