Treasurer SpotlightCareer MovesPictet poaches entire team from competitor Barings

Pictet poaches entire team from competitor Barings

Swiss asset management company Pictet has appointed an entire multi-asset fund team swiped from Barings, a 250-year-old multinational competitor, headquartered in London.

Swiss asset management company Pictet has appointed an entire multi-asset fund team swiped from Barings, a 250-year-old multinational competitor, headquartered in London.

Percival Stanion, who headed up the team at Barings and managed over £9 billion worth of assets, as well as his colleagues Andrew Cole and Shaniel Ramjee have all made the leap to Pictet. At Baring, Cole also oversaw around £1bn worth of assets in a multi-asset retail fund.

We are delighted to be able to attract a person of Percival’s calibre,” Renaud de Planta, CEO of Pictet AM, said in September, when news of the hire first became apparent. “This hire demonstrates our determination to expand our existing multi-asset strategies for clients both in the UK and elsewhere.”

Last month, the company also announced the hire of two new portfolio managers, Nathalie Flury and Tazio Storni, to help strengthen its healthcare team. Flury joined from the Zurich-based Swiss & Global Asset Management and Storni from Bellevue Asset Management.

Related Articles

This week's industry careers update

Career Moves This week's industry careers update

2w The Global Treasurer
This week's industry careers update

Career Moves This week's industry careers update

1m The Global Treasurer
This week's industry careers update

Career Moves This week's industry careers update

1m The Global Treasurer
Finastra hires CRO from Black Knight Financial Services

Career Moves Finastra hires CRO from Black Knight Financial Services

2m The Global Treasurer
Crown Agents Bank appoints Richard Weald as CTO

Career Moves Crown Agents Bank appoints Richard Weald as CTO

2m Laura Noble
Abiomed to appoint Todd A. Trapp as CFO

Career Moves Abiomed to appoint Todd A. Trapp as CFO

3m The Global Treasurer
PJSC "Magnit" announces CFO appointment

Career Moves PJSC "Magnit" announces CFO appointment

3m The Global Treasurer
Investcorp appoints Jan Erik Back as CFO

Career Moves Investcorp appoints Jan Erik Back as CFO

3m The Global Treasurer