Barings PM joins Schroders

Schroders has strengthened its multi-asset team with the appointment of Merrick Stylesas senior portfolio manager.

Stylesbrings over a decade of investment expertise to the firm's renowned division and joins as multi-asset fund manager focused on Schroders' market-leading suite of Diversified Growth funds, which aim to deliver stable returns across market conditions for clients.

He will report into Johanna Kyrklund, Schroders' global head of multi-asset investments.

Stylesjoins from Barings, where he was a portfolio manager on the multi-asset team and chair of the Asset Allocation group. Prior to Barings he spent ten years at Amundi, latterly as its co-head of Investments.

Johanna Kyrklund, global head of Multi-Asset Investments, Schroders, commented: "Styles's arrival will further bolster the strength and depth of Schroders' multi-asset investments team, which has a strong team-based culture and robust investment process."

Schroders' multi-asset team manages £104.8bn of assets on behalf of investors globally.

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• Multi-asset