View more on these topics

Barings Pacific fund converts to ASEAN frontiers fund

Barings has converted its Pacific fund to an Association of South-East Asian nations frontiers fund.

The new fund will focus on South-East Asian markets and equity markets of the ASEAN region. The conversion is said to be the result of growing demand from investors for opportunities in smaller, faster growing Asian markets.

Approximately 80 per cent of the new fund will invest in the core ASEAN markets of Singapore, Malaysia, Indonesia, Thailand and the Philippines. A tenth of the fund will invest in up-and-coming frontier markets such as India, Vietnam and Sri Lanka and the remaining 10 per cent will invest in markets with greater exposure to greater China including Hong Kong, Taiwan and the region itself.

The fund will be an Irish-domiciled unit trust managed against the MSCI South East Asia index. It will employ an actively managed strategy using a growth at a reasonable price investment philosophy. The number of fund holdings is expected to remain between 40 and 50.

Baring ASEAN frontiers fund manager SooHai Lim says: “The fund’s exposure to Greater China and the frontier economies allows investors to benefit from the changes taking place there. Vietnam, for example, is emerging as an attractive, low cost alternative to China for companies looking to diversify their manufacturing. With growth forecasts looking favourable, we believe Vietnam’s nascent equity market could well follow China’s meteoric rise.”


IFAs earn their fees

I read with some irritation Peter Amott’s diatribe about the state of the financial services industry. We are all aware that the past 20 years of regulation have cost a fortune while its effectiveness has been decidedly patchy.

Embrace simplicity!

By Fiona Holmes, proposition communications manager When I first took out critical illness cover, I was overwhelmed. It wasn’t just the form filling, it was finding out about the sheer number of illnesses I was covered for. Did it give me peace of mind that I was covered for neuromyelitis optica or systematic lupus erythematosus? […]


News and expert analysis straight to your inbox

Sign up


    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