Baring Japan fund to follow long/short strategy

Barings has launched a geared Japanese long/short fund to be managed by the head of the Japan equity team Joji Maki. The Baring Japan Absolute Return fund will generally have a long bias, holding up to 50 stocks and selling short up to 30, with an overall net exposure of between 20% and 80% The long stocks will be selected on a bottom-up basis but with sector and macro themes incorporated in stock selection. It is likely to have a bias towards small and mid- cap companies. The short strategy looks at stocks that are vulnerable to earnings disappointment or where sentiment is more buoyan...