Holding his nerve amid the gloom

The current financial climate is undoubtedly challenging for fund managers, and Barings' James Buckley is no exception. "It's been very tough," says Buckley, manager of the Baring European Growth and Baring Europa funds. "Obviously markets have been extremely volatile for the past 12 months and that has intensified in the past three. The amount of sector rotation and stock volatility is the most intense I've seen in seven years of running money. Hopefully it will present opportunities but there are also real risks at the stock level." As bottom-up investors, it is at the stock level that ...