Chris Baker to manage £2bn asset fund
Paternoster, the insurance company which takes responsibility for the risks associated with companies’ defined benefit pension schemes, has added to its management team with the appointment of Chris Baker as investment director.
Baker takes responsibility for the management of Paternoster's assets, working alongside Cliff Speed. With 25 year’s experience in credit markets, Baker was previously an adviser to the BAE Systems Pension Fund, where he was responsible for a fund of £1.25 billion.
In this role he provided detailed credit and portfolio management advice in the management of fixed income portfolios, recommendations for total fund asset allocation and credit, fund management, derivative and structured product training for fund trustees and fixed income portfolio managers.
Mark Wood, Chief Executive of Paternoster, commented: "As our portfolio approaches £2 billion of assets under management, Chris is an important addition to our highly skilled in-house investment team.”
