26 APR, 2024
By Jose Luis Palmer from RankiaPro Europe
Barclays Wealth Management bids farewell to its Head of Asset Allocation, Jean-Paul Jaegers, marking the end of an era after nearly six years of dedicated service. Jaegers' departure from the company has sparked interest and speculation within the investment community, given his significant role in guiding asset allocation strategies amidst volatile market conditions.
Jean-Paul Jaegers commenced his tenure at Barclays Wealth Management in 2018, assuming the role of Director of Macro Investments. His expertise and contributions led to a swift promotion to Head of Investment Strategy in 2019. During his time in this capacity, Jaegers played a pivotal role in steering the team towards providing asset allocation for multi-asset fund ranges and discretionary investment accounts.
Prior to his tenure at Barclays, Jaegers held notable positions in the finance industry. He served as a Senior Investment Strategist for multi-asset funds at Prudential UK for three years. Before that, he spent five years at BNP Paribas Asset Management, where he initially served as a Senior Portfolio Manager before advancing to the position of Deputy Head of Research. Jaegers' extensive experience and expertise in asset allocation and investment strategy have been instrumental in shaping the success of various investment portfolios throughout his career.
Jean-Paul Jaegers expressed gratitude and pride in his LinkedIn post, highlighting the accomplishments achieved during his tenure. He emphasized the importance of a structured investment process, in-house research discipline, and investment philosophy in navigating through turbulent times such as Brexit, the COVID-19 pandemic, and geopolitical shocks.
Looking ahead, Jaegers hinted at embarking on his "next chapter" but left the details undisclosed.
Barclays has chosen not to provide comments regarding Jaegers' departure, leaving room for speculation about the future direction of the asset allocation team within the Wealth Management division.