Former Barings investment chief takes up reins at JO Hambro

Ken Lambden, who for 10 years was global head of equities at Schroders, will become group chief executive at JO Hambro, according to a statement from the £21.7 billion fund manager on September 14.

Lambden left Barings in May following a shake-up of the investment house’s senior management. Barings‘ owner MassMutual merged the asset manager with three affiliates, Babson Capital Management, Cornerstone Real Estate Advisers and Wood Creek Capital Management, in a deal that completed this month.

Babson chairman and chief executive Tom Finke took the top job at the $ 260 billion entity, rebranded as Barings.

According to details on his LinkedIn profile and the FCA register, Lambden began his career in Australia in the 1990s, becoming head of Australian equities at Schroders in 1998.

Following a year as Schroders’ Australia chief executive, in 2003 he became global head of equities at the UK fund giant’s London headquarters, a role he left in 2013. He joined Barings as CIO in September 2014.

JO Hambro’s incumbent group chief executive Gavin Rochussen moves internally to become group executive, international – a role that is focused on expanding JO Hambro’s business in the US and Asia, the statement said.

The fund manager is owned by BT Investment Management, an Australian asset manager former in 2007 from the consolidation of Rothschild Australia Asset Management, Westpac Investment Management and BT Financial Group.

Rochusson was shortlisted for FN’s Chief Executive Officer of the Year award in 2014, having exponentially grown the firm’s assets under management. J O Hambro makes up a substantial chunk of BTIM’s AUM. The subsidiary accounts for A$ 38.5 billion (£21.7 billion) of BTIM’s A$ 79.7bn AUM as of June 30.

The handover will take place on October 3, with Rochussen maintaining his seat on the BTIM Group executive committee.

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