Barings Expands Mutual Fund Platform with the Launch of its First Equity Fund Offering in the US
Oct 18, 2018
Barings, one of the world’s leading asset management firms, has launched its first equity mutual fund, the Barings Global Emerging Markets Equity Fund (BXQYX). This is Barings’ ninth open-end mutual fund and is a reflection of the increased demand the firm has seen for its investment solutions from the retail and private wealth channels.
“With the launch of our first equity and ninth open-end mutual fund, we are now fully realizing our goal to bring institutional quality offerings to the retail and private wealth communities,” said Duncan Robertson, Managing Director and Global Head of Distribution and Marketing. “Launching the Barings Global Emerging Markets Equity Fund in the US follows tremendous interest in the firm’s fixed income mutual fund line-up and is a natural expansion of our diversified global investment capabilities.”
The Barings Global Emerging Markets Equity Fund is managed by the same Global Emerging Markets Equity team that currently actively manages strategies for both retail and institutional clients around the world. The Barings Global Emerging Markets Equity Fund seeks to achieve long-term capital growth through investment primarily in equity and equity-related securities of issuers that are economically tied to one or more emerging markets countries. William Palmer and Michael Levy, co-Heads of the Emerging and Frontier Equities Team, and Isabelle Irish, CFA, Investment Manager, are supported by an additional 30 dedicated emerging market investment professionals based around the world. The strategy has a track record dating back to 1992.
“With the launch of our first equity mutual fund in the US, financial advisors and their clients can now access a global emerging market equity offering that the firm’s institutional and international clients have had access to for over 26 years,” said Dr. Ghadir Cooper, Managing Director and Global Head of Equities.
The Barings retail mutual fund platform launched in 2013 and has had more than $1.8 billion in sales across eight open-end mutual funds. The firm utilizes a rigorous bottom-up investment approach that leverages the expertise of over 600 investment professionals worldwide, and its mutual fund platform provides individual investors with access to some of the same investment strategies that the firm has managed successfully for institutional investors for years.
Barings’ open-end funds are available through Registered Investment Advisor (RIA) custodial platforms, wirehouses, private banks and independent and regional broker dealers. In addition to Barings Global Emerging Markets Equity (BXQYX), they include Barings Active Short Duration Bond Fund (BXDYX), Barings Emerging Markets Debt Blended Total Return Fund (BXEYX), Barings Global Credit Income Opportunities Fund (BXIYX), Barings Global Floating Rate Fund (BXFYX), Barings Global High Yield Fund (BXGYX), Barings Total Return Bond Fund (BXTYX), Barings U.S. High Yield Fund (BXHYX), and Barings Emerging Markets Local Currency Debt Fund (BXLYX).
Barings is a $310+ billion* global financial services firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative solutions and exceptional service. Part of MassMutual, Barings maintains a strong global presence with over 1,900 professionals and offices in 16 countries. Learn more at www.barings.com.
*As of September 30, 2018
Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or even all of your investment. Foreign Securities, which are subject to additional risks including political and economic risks. Investments in Class A-Shares and Class B-Shares of Chinese companies involve certain risks and special considerations not typically associated with investments in U.S. companies, such as greater government control over the economy, political and legal uncertainty, currency fluctuations or blockage. Emerging Markets Risk. Emerging markets securities are subject to greater risks than securities issued in developed foreign markets, including less liquidity, greater price volatility, higher relative rates of inflation, greater political, economic, and social instability, greater custody and operational risks, and greater volatility in currency exchange rates. Counterparty Risk. The Fund is subject to credit risk with respect to the counterparties to the derivative contracts purchased by the Fund. Derivatives Risk. Derivatives are subject to a number of risks, such as liquidity risk, potential losses that partially or completely offset gains, counterparty risk, interest rate risk, credit risk, leverage risk, regulatory risk and management risk. Non-Diversification Risk. The Fund is a “non-diversified” investment company and therefore may invest a greater percentage of its assets in the securities of fewer issuers than funds that are “diversified.”
Before investing in any of the Barings Funds, investors should carefully consider a fund’s investment objectives, risks, charges and expenses. The prospectus, which should be read carefully before investing, contains fund information and may be obtained by asking your financial advisor, visiting www.barings.com/funds or calling 1.855.439.5459.
ALPS Distributors, Inc. is the distributor for the Barings mutual funds. ALPS and Barings are separate and unaffiliated