Insurance group MassMutual’s asset managers Babson Capital Management, Cornerstone Real Estate Advisers, Wood Creek Capital Management and Baring Asset Management will be now running under the Barings name. The gathering of the group’s four subsidiaries creates a $275bn (€244.3bn) global asset manager that covers traditional and alternative asset classes. It tallies over 1,700 employees of which 600 are investment […]
Subsidiaries of US mutual life insurance company Massachusetts Mutual Life Insurance Company (MassMutual) are to merge. Babson Capital Management, its subsidiaries Cornerstone Real Estate Advisers and Wood Creek Capital Management, and Baring Asset Management Limited, will be gathered under the Barings brand. It will lead to the creation of a global, multi-asset investment management firm with over $260bn […]
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Babson Capital Europe, one of the largest fund managers of sub-investment grade credit in Europe, has appointed Kam Tugnait as a managing director.