Barings offloads Japanese bonds

clock

Barings has moved to a nil weighting in Japanese government bonds across all of its retail bond po...

Barings has moved to a nil weighting in Japanese government bonds across all of its retail bond portfolios. Paul Thursby, who recently took over the management of four retail bond funds in addition to his responsibilities on the Baring Global Bond Trust and the Baring Sterling World bond fund, said the move is an active bet considering the high weight of Japanese bonds in the global bond indices. Thursby has given up five of his institutional mandates in order to concentrate on the retail funds, which now include the Baring International Bond, Baring Currency managed, Baring World Bond an...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •