From Managing Portfolios to Running an Organization with Mike Freno

Masters in Business

Bloomberg

Business, Entrepreneurship, Investing

4.4 • 2.2K Ratings

🗓️ 23 January 2025

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Barry speaks with Mike Freno, Barings LLC Chairman and CEO. In his nearly 20 years with the firm, Mike has held various positions including Managing Director, Head of Global High Yield, and Head of Global Markets. He also spent 5 years as the company's President, overseeing a majority of Barings’ business sectors including investments, sales, operations and tech. Additionally, Mike served as Chairman of the Board of Barings BDC. Alongside his Chairman and CEO duties, he is a current member of the MassMutual Executive Leadership team. On this episode, Barry and Mike discuss the evolution of the asset management industry, his well-rounded business experience, and what it takes to lead with "confident humility."

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1:04.2	Bloomberg Audio Studios, Podcasts, Radio News.
1:11.8	This is Masters in Business with Barry Rittholtz on Bloomberg Radio.
1:18.1	This week on the podcast, what a fascinating guest.
1:22.5	Mike Frino is chairman and CEO of Barrings.
1:25.4	They run over $431 billion in global assets. Fascinating
1:31.0	combination, not really related to the Barings Bank of old. If I think of Barings Bank, you
1:38.8	think of the bank that blew up when you had an unauthorized trader acting out as well as the first bank in China
1:48.8	and Japan and finance the Louisiana purchase. That is not this entity. ING purchased them
1:56.5	out of bankruptcy. I think it was for like a dollar or a euro. And some years later, sold them to
2:02.4	Mass Mutual and then Mass Mutual combined barring's investing with a number of other shops,
2:10.6	including Bapsin, a very well-regarded investing firm. The shop manages about well over $430 billion. About half of that comes from
	...

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