Baring Asset Management of Boston announced that its chief investment officer, Michael Hughes, will retire at the end of the year.
Processing Content
Marino Valensise, who heads the fixed-income and currency team at the unit of MassMutual Financial Group, will succeed Mr. Hughes. Alan Wilde, the deputy head of the fixed-income team, will succeed Mr. Valensise to run that team, according to a press release that was issued by Baring.
Mr. Hughes has been with Baring since 1998. Previously he worked at Barclays Capital.
The company announced the series of executive changes on Thursday.
