Baring Asset Management has appointed Claire Fraser as head of marketing and communications, following the announcement Ian Pascal is to exit next month.
Increasing correlations between assets classes have left "no place to hide" for multi-asset managers as concerns over a tapering of US QE hit home.
Bond fund managers have been returning to emerging market debt in the last few days following the dramatic sell-off in the sector, after a strengthening dollar sent prices spiralling.
Baring Asset Management (Barings) has revamped its emerging market equity team, hiring a new head to replace outgoing Roberto Lampl.
Barings' Ian Pascal is joining Hermes Fund Managers as head of marketing and communications, replacing Rob Page who exited the firm in April to join Henderson.
Kira Nickerson discovers that some fund managers are beginning to re-examine this previously unpopular asset class.