Barings Hires DWS Veteran to Lead U.S. Wealth Expansion
Event summary
- Barings appoints Brian Maute as Head of U.S. Wealth, a newly created role.
- Maute brings 20+ years of wealth distribution experience, most recently as Head of U.S. Wealth at DWS Group.
- He will focus on expanding access to Barings' $502B global investment platform across intermediary channels.
- Maute reports to Ilena Coyle, Head of North America Insurance and Intermediary Distribution.
The big picture
Barings' hire underscores the growing importance of the U.S. wealth channel for alternative investment managers. With $502B in AUM, the firm is positioning itself to capture increasing demand for alternatives among advisors and high-net-worth investors. Maute's appointment signals Barings' intent to compete more aggressively with peers like DWS and Invesco in this space.
What we're watching
- Execution Risk
- Whether Maute can successfully translate his DWS experience to Barings' different platform and client base.
- Market Penetration
- The pace at which Barings can expand its intermediary distribution channels in the competitive U.S. wealth management space.
- Product Innovation
- How Barings will enhance its alternative investment solutions to better serve wealth management platforms and advisors.