Baring Dynamic Asset Allocation fund at £5bn assets
Baring Asset Management has announced multi-asset Baring dynamic asset allocation (DAA) fund has reached over £5bn in assets under management since its launch in January 2007.
The fund seeks to produce equity-like returns with less than equity risk using a flexible and dynamic approach to multi asset investing which aims to capture returns when available whilst protecting capital during falling markets.
Since inception it has returned 6.6% per annum. The volatility of the fund since inception is 7.4%, less than half the FTSE ALL Share index volatility of 17% over the same period.
The company first created multi-asset portfolios in 2002. Baring launched the DAA fund in 2007 and the Baring Multi Asset Fund in 200. This was followed by the launch of the Global Dynamic Asset Allocation Fund (in 2010), a product available to US pension funds.
More recently it has created regionally focused products, the Baring dynamic emerging markets Fund and the Baring Asia dynamic asset allocation fund giving investors the potential to capture the returns available from these high growth regions but with less risk than investing in equities alone.
“We have long made the case for dynamic multi-asset investing and the benefits this can bring to long term returns, particularly in volatile conditions. The success of the DAA fund demonstrates that these benefits are now widely recognised by pension schemes looking to mitigate volatility whilst also capturing returns when they are available,” said Andrew Benton, head of UK and international institutional Sales at Barings.