Style, who joined Barings in 2015, was previously a senior investment manager. He previously spent a decade at Amundi rising to become co-head of investments.
Styles will report to global head of multi-asset investments Johanna Kyrklund (pictured).
She said: 'Merrick’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.
'He is a multi-asset investment expert with a broad range of experience in managing portfolios to deliver consistent investment performance across all market conditions, qualities that will ultimately aim to benefit Schroders’ multi-asset clients.'
Last August, Richard Balfour left his role as a multi-sector fixed income fund manager at Barings to join HSBC Global Asset Management (HSBC GAM).