Three of Baring Asset Management's Dublin-based Ucits are now listed on the Channel Islands Stock Exc...
The funds are the Baring Global Umbrella fund (£414m), the Baring International Umbrella fund (£955m) and the Baring Emerging Markets Umbrella fund (£213m).
The funds, comprising 18 classes of sub-funds, are the first non Channel Island funds to be listed on the CISX.
Mark Huntley, deputy managing director of Guernsey International Fund Managers, a subsidiary of Baring Asset Management's Financial Services Group and the listing sponsor for the funds, said: "We are delighted we can now offer easier access to Baring's funds to local investors and professional advisers in Guernsey and Jersey, as well as to a wider market generally."
Baring Asset Management, has also appointed Marino Valensise to the new position of head of credit investments. He joins from Commerz International Capital Management GmbH where he was head of fixed income.
Commenting on his new role, Valensise said: "In future, credit investments will play a major role both in Europe and globally, and Baring's goal is to position itself as a market leader."
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