View more on these topics

Barings to launch global mining fund

Barings is to launch a global mining fund in March that will invest in companies across the cap spectrum.

The fund will be managed by director and resources investment manager Clive Burstow, who Money Marketing revealed in June would join Barings from BlackRock.

Burstow was previously BlackRock vice-president with responsibility for analysis and investment across the mining sector.

He was previously vice-president at Alliance Bernstein and an analyst at Barings between 2004 and 2007.

The fund will aim for long-term capital growth by investing in equity and equity-related securities of mining companies and will have between 70 and 100 holdings. Around two-thirds of the fund is expected to be invested in small and mid-cap companies.


L&G Network takes on 42 Co-op advisers

Legal & General Network has recruited 42 of the 670 former Co-operative Financial Services field-based advisers who were made redundant in July. Over 300 of the former Co-op advisers have joined distribution firms following the redundancies by Co-op Group after a strategic review. The latest recruits have joined a range of firms which are part […]

Base rate held at 0.5% and no more QE

The Bank of England’s Monetary Policy Committee has held base rate at a record-low of 0.5 per cent for the 34th consecutive month and has voted to keep its quantitative easing programme at £275bn. The MPC reduced base rate to 0.5 per cent from 1 per cent on March 5, 2009, and on the same […]

Brexit: what to expect in the aftermath

James Dowey, Chief economist & CIO In these very early stages following the “Leave” win any prognosis is by its nature highly tentative. It will be weeks before we are able to measure the acute impact of the result on the UK economy, and there are clearly no close historical parallels on which to base […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment