View more on these topics

Baring multi-asset to beat inflation

Baring Asset Management has brought out a retail multi-asset fund that aims to beat inflation with a lower risk than pure equity funds.

The company has a six-year track record in absoiute return multi-asset investing with an institutional fund, Baring dynamic asset allocation fund.
The new fund is managed by Andrew Cole, who has over 30 years’ investment experience, including 23 years in Barings fixed income and multi-asset teams. He is a member of Baring’s global macro research and asset allocation team, and chairman of that group’s risk committee.

Asset allocation is crucial for Cole and his team. They expect 75 per cent of returns to come from long-term strategic or short-term tactical asset allocation, while the other 25 per cent will derive from active management within asset classes.

The fund will have no benchmark index and will invest in equities, bonds, derivatives and alternative asset classes such as commodities, property and private equity.

Exposure to growth assets will be increased in strong markets, while more defensive assets will be held in uncertain markets. Short-term tactical plays will capture returns when they are available and reduce risk when the market deteriorates.

The portfolio is constructed initially by analysing each asset class to determine what the long-term trend will be. Volatility and correlation with other asset classes will also be considered.

The Baring multi-asset team is starting to be more positive on riskier asset classes such as equities. They are beginning to move away from defensive positions in short-dated bonds, gold and cash. Investors will benefit from this strategy when the market recovers, but not as much as a pure equity fund.


Jon Bennett

Aegon Asset Management director of retail fund sales and marketing Jon Bennett says an inspirational economics teacher set him on the path to financial services.

Obama on auto pilot

A retirement adviser to US president Barack Obama believes the UK’s personal accounts pension scheme will deliver an inclusive system with significant benefits.

Bond funds see £1.1bn inflows, IMA stats

Bond funds saw inflows of £1.1bn in February, with corporate bonds the sector of choice for the fourth consecutive month according to the latest statistics from the Investment Management Association.


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. OF1rqr fcyevhetzuyx, [url=]oyhscdglhkuw[/url], [link=]gnnbacjuyjid[/link],

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm