Baring Asset Management hires Wayne Shum to replace Elvin Yu

Having seen Elvin Yu depart to join RCM last year, Baring Asset Management has just hired a replacement in the form of Wayne Shum, who has joined in Hong Kong from HSBC Global Asset Management. He is responsible for sales and business development across the institutional client base, including sovereign wealth funds, government and private institutions and pension-related prospects in Asia excluding Japan. HSBC is in the process of choosing a replacement for him. Shum joined Barings…