Paternoster hires Baker

Paternoster, the pensions liability investor, has added Chris Baker to its team as an investment director. Baker takes responsibility for the management of the firm’s assets, working alongside Cliff Speed.

With 25 year’s experience in credit markets, he was previously an adviser to the BAE Systems Pension Fund, where he was responsible for a fund of £1.25bn.

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.