Barings enters high conviction absolute return market

Baring Asset Management has set out to challenge the absolute return market’s big hitters with the launch of the Dynamic Absolute Return fund. The Ucits long-short market neutral strategy will be managed by James Ind, who will target a positive absolute return and 7% volatility over a three-year rolling period. The fund can invest in any asset class, country or sector, including equities and emerging market currencies, and its investment team will seek to identify both absolute value and relative value opportunities. There is no performance fee, and an annual management charge of 0.55%. The fund marks the firm’s first absolute return venture, and the latest addition to its expansive multi-asset range, which includes the flagship £1.7 billion (€2.05 billion) Dynamic Asset Allocation fund, aimed at institutional investors. Ind, who joined Barings last September from Man GLG’s Total Return fund, was specifically hired to head the new strategy. Prior to Man GLG, he spent five years at Russell Investments as managing director of the multi-asset division. In a statement, a spokesperson for Barings said the firm moved to launch the fund in response to significant client demand for low risk products, and it could appeal to both liquid alternative and conservative or defensive investors. ©2016 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.