Clearly, the Baring
acquisition is a significant step in our international growth strategy," said Robert J.
was chosen out of three finalists for Equity Manager of the Year, including GMO and Dimensional Fund Advisors.
Compared to investing in international stocks, ADRs have the advantage of streamlined custody and reporting as well as daily pricing, said Hayes Miller, Senior Vice President and member of Baring
Asset Management's Global and EAFE portfolio management team, "and they are available for most large-cap foreign stocks.
The Dutch parent confirmed that it had appointed Goldman Sachs bank to advise it on the future of its investment banking arm, with one option being the breaking up and selling off of ING Barings
BOSTON -- Barings
announced today that it has been awarded more than 18 new active international equity mandate wins which have added $1.
The revised volatility rating on the Baring
Managed Fund -- S3 on a scale of S1 to S6 -- means that the fund possesses moderate sensitivity to changing market conditions.
Marino Valensise joined Barings
in 1999 and has over twenty years of investment experience.
ING Group has also acquired Baring
Securities (Japan) Limited and Baring
Futures (Singapore) Pte.
Christopher Lees, the portfolio manager for the Barings
Focused International Equity product said, "The objective of our portfolio is to add value from stock selection, country and sector allocation and currency management.
The three main Baring
business units will report individually to the relevant executive committees of ING.
The Fund's investment manager is Baring
Asset Management (Asia) Limited.
International Investment (Far East) Limited, a subsidiary of Baring
Asset Management Limited, will serve as the fund's investment manager.