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Barings global equity head exits

Equity veteran leaves after spending just two years with asset management firm.

Barings global equity head exits

Barings' global equity head Jean-Louis Scandella has left after two years with the company, according to our sister publication Citywire Selector.

A spokesperson for the asset management firm confirmed the departure of the industry veteran, who had orignally  in June 2015 from Paris-based Comgest.

Scandella, who covered global equity funds, had  eight years working with the French asset manager. 

During his tenure with Barings, Scandella had managed two funds focused on the developing world, the Baring Emerging Markets and Baring Global Emerging Markets funds.

Both strategies are also co-managed by William Palmer and Isabelle Irish.

When he first joined the firm, Scandella reported to then-CIO Marino Valensise, who later became head of multi-asset at the firm.

Valensise's replacement, Ken Lambden, opted to Barings after Babson Capital Management, Cornerstone Real Estate Advisers and Wood Creek Capital under the Barings brand in March. 

While continuing to serve as global equity head, Scandella was responsible for equity teams based in both London and Hong Kong. He also served as a member of the group’s investment committee and chair of the global sector teams.

The Barings Global Emerging Markets fund returned 20.36% in US dollar terms over three years to the end of November 2016. Its technical indicator, the MSCI EM (Emerging Markets) TR USD, rose 20.58% over the same timeframe.

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