

BNP Paribas Asset Management (BNPP AM) has announced the appointment of Mark Richards as head of flexible & absolute return within its multi-asset, quantitative & solutions (MAQS) investment division.
In his new role, Richards will be responsible for the performance of BNPP AM’s flexible and absolute return funds and ensuring the alignment of portfolios with the views of the investment committee.
Richards joined from Jupiter Asset Management, where he was a senior fund manager responsible for identifying and implementing key investment themes across a range of flexible and multi-asset strategies. Prior to Jupiter he held buy-side strategist roles at JP Morgan Asset Management and PIMCO, and sell-side strategist roles at Credit Suisse and ING, having begun his career as an economist at Lombard Street Research.