Barings has expanded its US retail distribution team to support increased demand for the firm’s investment solutions for the retail and private wealth channels.
The new members of the team include Tony Grigonis, CFA; David Perkins, AIF; and Sevan Sakayan. Prior to joining Barings, Grigonis was a Vice President with Touchstone Investments. He has nearly 15 years of financial services experience and earned his Master of Business Administration from Northwestern University – Kellogg School of Management. Perkins has worked as a financial professional for nearly 20 years and joins Barings following 14 years with Principal Global Investors, where he was a Senior Director. Perkins earned his bachelor’s degree from the University of Iowa. Sakayan joins Barings following a 23-year career with Neuberger Berman, where he most recently served as a Managing Director. He earned his bachelor’s degree from Lehigh University.
Since launching in 2013 as an extension of the firm’s core institutional investment management platform, Barings’ retail mutual fund platform has had more than USD1 billion in sales across eight open-end mutual funds, including the Barings Global Floating Rate Income Fund, rated five stars by Morningstar*. The firm utilises a rigorous bottom-up investing approach that leverages the expertise of over 600 investment professionals worldwide, and its mutual fund platform provides individual investors with access to some of the same investment strategies that the firm has managed successfully for institutional investors for years.
“We continue to be excited by the growth opportunities in the US retail and private wealth markets,” says Duncan Robertson, Managing Director and Head of Global Distribution at Barings. “Our goal of bringing institutional-quality investment offerings to individual investors has attracted wide interest among the financial-advisor community, and we plan to continue to expand our fund offerings in response to advisors’ and investors’ needs.”
Barings’ open-end funds are available through Registered Investment Advisor (RIA) custodial platforms, wirehouses and independent and regional broker dealers. They include Barings Active Short Duration Bond Fund (BXDAX), Emerging Markets Debt Blended Total Return Fund (BXEAX), Global Credit Income Opportunities Fund (BXIAX), Global Floating Rate Fund (BXFAX), Global High Yield Fund (BXGAX), Total Return Bond Fund (BXTAX), US High Yield Fund (BXHAX), and Emerging Markets Local Currency Debt Fund (BXLAX).
