Barings to convert Pacific fund

Approximately 80% of the fund will be invested in the core ASEAN markets of Singapore, Malaysia, Indonesia, Thailand and the Philippines, while 10% will be invested in frontier markets such as India, Vietnam and Sri Lanka. The remaining 10% will have exposure to greater China. Managed by SooHai Lim, the fund will use a ‘growth at a reasonable price’ investment philosophy. The number of fund holdings is expected to remain at about 40 to 50. It will be an Irish-domiciled unit trust and use the MSCI South East Asia index as a benchmark. More than a decade after the Asian financial crisis...