Barings Asset Management is launching an Asia dynamic asset allocation fund under the management of Khiem Do.
The fund will aim to achieve Asian equity-like returns with lower volatility and will invest across numerous asset classes, including equities, bonds, currency and commodities.
Barings says the fund, which launches on May 31, 2012, will have the ability to lower its Asian exposure in certain market conditions in order to manage volatility and market risk.
Do is head of Asian multi-asset and a member of the Barings multi-asset team which manages £5.8bn in retail and institutional asset allocation products.
He says: “Our multi-asset team at Barings has a decade of experience of managing multi asset products. We argue that it is possible to achieve Asian equity-like returns over the long-term with less volatility than Asian equities by actively managing exposure to both growth and defensive assets.
“The flexibility we have when constructing the investment portfolio means that at times of uncertainty, we have the ability to increase our tactical exposure to lower risk assets such as cash, gold and ‘safe haven’ government bonds, with the aim of preserving capital over the long-term investment horizon.”