Baring Asset Management has unveiled more details about its newly launched ASEAN (Association of South-East Asian Nations) Frontiers fund.
Approximately 80pc of the fund will be invested in the "core" ASEAN markets (Singapore, Malaysia, Indonesia, Thailand and the Philippines); 10pc will be invested in the up-and-coming "frontier" markets (such as India, Vietnam and Sri Lanka) and the remaining 10pc will have exposure to greater China (Hong Kong, China and Taiwan). As previously reported on June 12, the fund is a conversion of the group's Pacific fund, and will be focused primarily on South-East Asian Nations such as Thailand, Malaysia, Vietnam and the Philippines. This conversion is the result of growing demand from investo...
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