Barings CIO Michael Hughes has altered the group's investment process following a turbulent 18 month...
Barings CIO Michael Hughes has altered the group's investment process following a turbulent 18 months in world markets. The changes have been designed to produce greater consistency in results by the group. He said: 'We have reviewed and updated our philosophy, we have increased our research resources, incorporated our credit expertise into equity selection and enhanced the control process to take account of the style biases that clearly seem to be dominant.' Out of a sample of 160,000 broker recommendations during 2000, the buy recommendations underperformed by 31%, according to Hugh...
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