Picton poaches Baring Asset Management from BTG Pactual

Baring had previously distributed its funds via Celfin Capital, which was purchased by BTG Pactual. With the help of Picton and Matías Eguiguren, the firm seeks to compete for allocations in Europe, Asia and emerging markets.

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2014 marked the return of Morgan Stanley in Chile

Driven by a stepped-up marketing effort by local distributor Picton Advisors, investments by Chilean AFPs in the US-based manager grew from USD 26 million to USD 736 million.

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