Barings shrinks equity teams, cuts sovereign client focus

Barings, the $338 billion fund house owned by US insurer MassMutual, has responded to the current challenging landscape by heavily cutting back its equity investment capabilities and refocusing its client coverage.  At least 10 equity investment professionals have left the firm in the past six months across Hong Kong and London, the two locations where most of them were located. The individuals include several division heads and lead managers, such as the heads of Asian and Europe…