The duo mark the first senior hires for the department which saw three senior managers jump ship to join Pictet in August of last year.
Amid the latest changes, Barings also announced Hartwig Kos would be leaving the company and handing over responsibility for the Baring Euro Dynamic Asset Allocation fund.
Both of the new recruits will be based in London and report to Marino Valensise, who became head of multi-asset following the aforementioned departures.
James Ind will formally join from GLG Partners in September and be focused on developing a long/short strategy. He will also serve as a member of the Strategic Policy Group and the Equity Research Sub Group.
In his most recent capacity, Ind had been a lead manager on the GLG Total Return fund. Earlier in his career, he had also worked for Russell Investments and Merrill Lynch Investment Managers.
Meanwhile, Merrick Styles is set to join in mid-October from Amundi. He will also sit on the Strategic Policy Group, as well as chairing the Asset Class Research Sub Group.
It has not been announced whether Kos intends to stay within the fund management industry.
Commenting on these appointments, Marino Valensise said: ‘I am pleased to welcome James and Merrick to the firm as we continue to invest in building our multi asset franchise through hiring the best talent.’
‘These additional resources will allow us to expand our product set while continuing to deliver performance in our existing strategies.’