Barings unveils high conviction absolute return product

First absolute return vehicle for the firm

Baring Asset Management is mounting a challenge to the established giants of the absolute return sector with the launch of a high conviction vehicle to be managed by James Ind, supported by the group's long-short investment team.

The Dynamic Absolute Return fund is a UCITS long-short market neutral strategy targeting a positive absolute return over a three-year rolling period, with target volatility of around 7%. Under current market conditions, the manager said this is expected to be a net return of cash +4%. The fund will be the group's latest addition to its multi-asset fund range and its first foray into the absolute return space.  How are absolute return funds navigating key global challenges? However, compared to some other funds in the sector, Barings' offering will be more concentrated with only ...