Baring Asset Management is considering setting up new Asia and income funds this year.
Marketing director Ian Pascal says the firm is keen to build up in Asia and has sounded out a single-country fund.
He says: “It is a logical addition, given the regional nature of the range we have, such as the Korean trust.”
Pascal says that the company is also looking closely at a European income fund. Baring launched its emerging income fund in December 2006 under the management of Ece Ugurtas.
Hargreaves Lansdown investment analyst Ben Yearsley says: “I think the European income story is a strong one as the equity income market appears to be the preserve of the UK investor. There is no reason that it shouldn’t be the case in other markets, given the yields available.”