Baring Asset Management has bolstered its global emerging markets team with two hires, one of which replaces current head Roberto Lampl.
The asset management house has appointed Staffan Lindfeldt as head of global emerging market equities, reporting to Barings head of equities Tim Scholefield. Lampl has left the company.
He will manage the Baring Global Emerging Markets fund, which was previously helmed by Lampl, as well of most of the firm’s segregated GEM institutional mandates.
Lindfeldt joins from Handelsbanken Asset Management in Stockholm, where he has worked as chief portfolio manager for global emerging markets since 2006.
Barings has also named Isabelle Alexander as an investment manager in the global emerging markets team and will assist with the management of the firm’s GEM portfolios, working alongside William Palmer.
Alexander was most recently with the global emerging markets team at Pictet Asset Management and has seven years of investment experience.
Scholefield comments: “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.
“With the addition of Staffan and Isabelle to our investment team, and the deep experience that they bring with them, we are confident of providing a competitive and exciting GEMs product.”