Barings

Flows into multi-asset products have been growing consistently in recent months, and multi-asset now constitutes 11% of the UK funds market.

Baring Asset Management has appointed James Ross to the newly created London-based role of director of investment process.

Aviva Investors has hired Sunita Kara from Baring Asset Management as portfolio manager for European high yield.

Ed Moisson has joined Barings to bolster the firm's research capabilities following his exit from Lipper earlier this month.

EASTERN EUROPE

China's major equity markets slipped further into bear market territory this week as traders worried about the withdrawal of QE in the US, and slowing Chinese growth.

BIG QUESTION

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.

ASIA