Gary Smith is a member of the Barings Investment Institute, and has been with Barings since 2013. Gary previously worked at BNP Paribas Investment Partners, having been appointed Global Head of Official Institutions in 2008. Between 2004 and 2008, he held a senior management position in the fixed income division of BNP Paribas CIB, and from 1995 to 2004 he managed a fixed income sales team at Morgan Stanley. He began his career in the fixed income research department of Greenwell Montagu (now part of HSBC), and then the macroeconomic and geopolitical research team at Merrill Lynch. Gary has been a trustee of a U.K. pension fund and serves on the advisory board of the Official Monetary and Financial Institutions Forum (OMFIF). He has had numerous articles published on topics specific to sovereign funds, as well as wider macroeconomic and geopolitical issues. Gary holds a BSc in Economics and Geography from UCL.