Barings Asset Management, known as Barings, is an international investment management firm providing services to investors worldwide, with a focus on emerging and inefficient markets, asset allocation and specialist fixed income.
Founded in 1989, the company is owned by Massachusetts Mutual Life Insurance Company (MassMutual) and operates as a subsidiary of MassMutual Financial Group.
As of 30 June 2018, Barings held more than $306bn in assets under management. The company employs 1,700 people, across 41 offices in 17 countries with its UK base in Bishopsgate, London.
Barings Asset Management will close its China Growth fund in April after six years.
Adviser sentiment towards emerging market investment has increased significantly over the last quarter, according to the latest Baring Asset Management Investment Barometer.
Old Mutual Global Investors' Richard Buxton has told Investment Week his move from Schroders to his new firm is his last in fund management.
Baring Asset Management has hired former Martin Currie director Duncan Goodwin to head its global resources team.
Sales of equity funds are on track to reach their highest level since 2000, with net sales of £8bn in the first nine months of 2013.
Baring Asset Management is to launch a focused European fund for Nick Williams, head of small-cap equities, and Colin Riddles, portfolio manager on the small- and mid-cap desk.
Asia specialist Agnes Deng has left Baring Asset Management, handing her $2.3bn Hong Kong China fund to Laura Luo who joins the group from Schroders.