Tough year for Barings

By Ruth Alexander Richard Buxton is stepping down from the Barings strategic policy group this month in order to concentrate more on the running of his UK Growth fund. Buxton said this move has nothing to do with the fact that the fund has fallen to the fourth quartile in the UK All Companies sector over the past year, although he admits his promotion to head of the UK equity team in March last year may have had a marginal impact on the performance of the portfolio. Buxton said he has now settled into his position as leader of the UK equities desk and is consequently very focused on the ...