• Barings, the $275bn US asset manager, has named Ike Bae as chief executive in South Korea. Mr Bae will succeed Thae Khwarg who has decided to retire at the end of the year after almost 20 years with Barings.

• Legal & General Investment Management has appointed Simon Chinnery as head of defined contribution client solutions, a newly created role. Mr Chinnery joins the £853bn UK-based asset manager from JPMorgan Asset Management.

Two new portfolio managers have moved to Deutsche Asset Management’s exchange traded fund unit in New York. Patrick Dwyer and Brandon Matsui join from Northern Trust and Charles Schwab respectively.

• Kames Capital has hired Jack Holmes as an investment manager in its high-yield bond team. He has moved to the £50bn Edinburgh-based asset manager from Standard Life Investments.

• Schroders has appointed John Chantrell as head of its Asian property team. Mr Chantrell, who will be based in Hong Kong, joins the $460bn UK-listed asset manager from Novion Property, an Australian shopping mall owner.

• Whit Matthews has moved to the US private equity team at Aberdeen Asset Management. He previously worked for SL Capital Partners, the private markets arm of Standard Life Investments. Aberdeen also promoted John Dickie to co-head of US private equity, alongside Scott Reed.

• UBP, the Geneva-based private bank, has hired Charles Anniss as a small and mid-cap portfolio manager in its European equities team. He joins from M&G, the investment arm of UK insurer Prudential.

• Stephanie Sutton has joined Artemis, the £23.5bn UK-based fund manager, as an investment director. Ms Sutton previously worked for Fidelity International.

• Jupiter has hired Mitesh Patel as an assistant fund manager for Japanese equities. Mr Patel will join the £37bn UK asset manager in October from Barings.

• Muzinich, the $27bn New York-based bond specialist, has appointed James Peoples to its UK sales and marketing team. Mr Peoples previously worked for BlueBay, the global fixed income manager owned by RBC, the Canadian bank.

• Jenni Millar has moved to the UK wholesale team as a sales manager for Axa Investment Managers, the €679bn asset management arm of Axa, the French insurer. Ms Millar, who will be based in Edinburgh, previously worked for Lazard Asset Management.

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