Barings plans global agriculture fund

Baring Global Agriculture fund will be managed by Jonathan Blake, who will aim to provide long-term capital growth by investing in companies where the majority of earnings are derived from activities relating to agriculture or have the potential to benefit from this theme. Due for launch in the third quarter this year, the fund will be a UK-domiciled Investment Company with Variable Capital (ICVC). Blake outlined the case of a growing global population at around 80 million per year, which is putting immense pressure on food prices, with meat consumption rising sharply as a consequence...