Former director of institutional sales at Principal Global Investors Michael Gaffney has picked up a new role managing the Sydney office of Barings.
The $335 billion global financial services firm, a subsidiary of MassMutual, focuses on active asset management and direct origination. Approximately a third of the firm's external AUM comes from the Asia Pacific region. A representative of the organisation said their goal was to continue to serve their clients while extending distribution efforts in the region.
Barings has several offices throughout North America, Europe, and the Asia Pacific, including Sydney and Melbourne.
Sue-Ellen O'Keeffe, who is based out of Melbourne and has been with Barings for more than 9 years as head of distribution for Australia and New Zealand will continue in current role.