Schroders has boosted its multi asset team with the hire of sector specialist up Merrick Styles from Barings.

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).