BARING ASSET MANAGEMENT CORPORATE BROCHURE

Transcription

1 BARING ASSET MANAGEMENT CORPORATE BROCHURE

2 San Francisco Toronto Boston London Paris Frankfurt Geneva Dubai Hong Kong Seoul Tokyo Taipei Kaohsiung

3 250 YEARS OF OPEN MINDS AND UNCOMMON PERSPECTIVES. The global nature of today s economy means the intelligent and active asset manager needs to look across frontiers and make more connections than ever before. This requires a particular type of investor and a particular corporate culture. One that places a premium on working across borders; that values great insight and foresight; and one that rewards innovation. At Barings we have a 250 year history of considering complex but potentially rewarding opportunities. We put this thoughtfulness into understanding and delivering sustainable returns for our clients outside of the tried and tested or obvious options. The challenge of working in inefficient markets where information is hard to find and interpretation and forethought can add real value is one that we relish.

4 PLAY TO OUR STRENGTHS AS SPECIALISTS WE ARE ABLE TO PICK OUR BATTLES. THIS ENSURES THAT WE ARE NOT SIDE TRACKED FROM PROVIDING THE EXCEPTIONAL PERFORMANCE AND SERVICE OUR CLIENTS WANT At Baring Asset Management, our sole focus is fulfilling our clients objectives by providing top-quality investment products and superior service delivered by dedicated teams of experienced and talented professionals. Barings is a global investment management firm with offices, clients and business lines spanning the world s major markets. We provide asset management services in developed and emerging equity and bond markets as well as asset allocation expertise on behalf of institutional and retail clients worldwide. Our long and distinguished heritage dates back to the 18th century. Throughout our history, we have successfully developed a wide range of innovative solutions to meet our clients unique needs. We continue to leverage our experience and expertise to reach the following goals: Create investment management products that deliver superior, repeatable, risk-adjusted returns Offer client service that exceeds expectations Build long-term partnerships that enable us to provide the most appropriate investment solutions for our clients At Barings, we focus our global perspective, experience and expertise with the aim of successfully meeting our clients investment management needs. We look forward to doing so for you. 04 Baring Asset Management

5 MOVE FORWARD WITH CONVICTION Since the foundation of Barings in 1762, the common thread linking our past to our present has been our ability to help clients benefit from changes in the markets. This tradition continues today as we invest client assets across global markets using the proprietary insights generated by a team of over 100 investment professionals. A three-dimensional perspective Today s complex world is no longer merely stratified by geography. By combining top-down and bottom-up insights that cut across location, sector and asset classes, Barings offers a unique world-view into today s economies and markets. We combine this informed perspective with local knowledge and presence to deliver solutions for each of our clients needs regardless of location. 05 Baring Asset Management

6 250 YEARS OF OPEN MINDS AND UNCOMMON PERSPECTIVES. Since the beginning of Barings, our goal has been to help clients benefit from changes in the markets through innovation. We continue that tradition by developing new ways to work with our clients to maximise their potential return while managing risk. Today, Barings operates as a subsidiary of MassMutual, a leading diversified financial services organisation Beginnings of the London Stock Exchange Baring Brothers is founded in England. In just over 50 years, the house s influence had grown such that in 1818 the Duc de Richelieu described Barings as one of Europe s six great powers. 1800s Barings provides international travellers with letters of credit, enabling them to draw funds from the firm s network of correspondent banks. These letters of credit were the forerunners of today s travellers cheques Barings finances the Louisiana Purchase, doubling the size of the continental United States. To this day, the Louisiana Purchase remains the largest real estate transaction in history. American Revolution begins Coal gas first used for lighting Atlantic steamship service begins Louisiana Territory by John Senex The Royal Exchange, City of London, c Baring Asset Management

7 For two hundred and fifty years, Barings has played an integral role in many historic events around the world, helping to finance the global expansion of trade in the 18th and 19th centuries and bankrolling the industrial and economic expansion of many countries around the world. Francis Baring ( ) 1867 Stock ticker invented by Edward Calahan 1876 Telephone invented by Alexander Graham Bell 1950 Tokyo Stock Exchange starts calculating a stock price average 1991 World Wide Web first available as a public service on the Internet Late 1800s Barings finances the growth of many of the world s earliest railways and, in doing so, invests in the emerging economies of the US, Canada, Russia and Latin America. Chicago Railway Terminal Early 1900s Barings focuses on innovation in industrial finance and plays a leading role in the expansion of the London underground system Barings creates one of the first dedicated investment departments. Several decades later, we were one of the early investors in Asia and one of the first international managers in North America. In the 1960s, the firm played a significant role in the creation of the Euro dollar market. 2000s Barings tradition of innovation continues with the introduction of a range of dynamic growth funds to meet the changing needs of pension schemes in the 21st century, and new mutual funds which make it easier than ever to access the world s emerging equity and bond markets. Baring International Investment Management Limited was established in Hong Kong in Baring Asset Management

8 THINK GLOBAL, BE DECISIVE Our unique perspective allows us to identify changes to market conditions early, wherever they occur, and develop a full range of products and investment solutions that are in direct response to client needs. A needs-based approach Within each broad category, we recognise that every client has different issues to address. These are reflected by each client s unique performance objectives, guidelines and risk tolerances. Our goal is to gain an in-depth understanding of your objectives and risk tolerances and to partner with you to ensure that our products and services meet those objectives. 08 Baring Asset Management

9 A broad array of solutions Our products are grouped into three broad categories, each of which derive returns from a varying combination of asset /country allocation and sector / security selection to fit a broad range of risk/return profiles. Multi asset: We utilise the full range of asset classes, with the aim of delivering client-directed absolute or relative return targets, principally through active asset allocation. This includes our enhanced index products for US pension schemes, which draw on our shared global perspective to capture the principal source of international equity returns. Specialist equity: Our extensive range of equity products makes it easier than ever to access companies in some of the world s fastestgrowing emerging and frontier market economies, as well as the rich investment potential to be found in natural resources and small/ medium-sized companies. Our approach is bottom-up, focused on individual companies and designed to outperform the market. Thorough fundamental research helps us identify companies which score highly on quality, growth and upside criteria. We combine these in a robust and risk aware fashion to build high conviction portfolios. Specialist fixed: Our suite of specialist fixed income strategies ranges from broad global and strategic bond strategies through to high yield bonds and emerging market local currency debt, tailored to meet the demands of today s investors. 09 Baring Asset Management

10 FIND WHAT OTHERS CAN T Our clients are direct beneficiaries of our depth of experience, global perspective and proprietary insights. Our integrated structure allows us to make the most of our resources by applying them in the right place at the right time. Barings is distinguished from other managers by a unique combination of features that, individually and collectively, provide distinct advantages to our clients. Breadth of experience: Our long tenure of investing means that we have experienced most market conditions before and can apply that knowledge to everything we do An overarching philosophy: We have a single philosophy that permeates every portfolio: to find and exploit opportunities that others miss Access to multiple sources of return: Our investment professionals follow a collegiate approach to combine the country, currency, sector and security insights that enable us to capture opportunities from every angle Size: We have offices spread across Asia, EMEA and North America, providing the critical mass to attract and retain the best talent, manage operations efficiently and to exploit inefficiencies quickly and easily Innovation: From the financing of the Louisiana Purchase in 1804 to the most recent fund launches today, we have 250 years of experience helping clients benefit from change 10 Baring Asset Management

11 With a fully integrated research team and investment professionals that are encouraged to contribute ideas and challenge others, clients get the best thinking from across the group, regardless of mandate. A flow of ideas Our research structure is flat, not in silos, ensuring full communication among all of our professionals around the globe. Teams are composed of analysts who cover mature and emerging markets, as well as credit and government bond markets. As a result, investment ideas move freely from one region to the next, across securities and asset classes. A culture of partnership We have built a collegiate environment where idea generation, entrepreneurship and ownership are highly valued and rewarded. The results: professionals who are highly motivated to generate successful results for their clients. 11 Baring Asset Management

12 SEE THE WHOLE PICTURE FIRST At Barings, we focus on finding opportunities that others miss. Our product offerings follow two main investment approaches. A top-down investment approach For multi-asset and specialist fixed income, our emphasis is top-down. We perform proprietary research to analyse the economic and market environment. Using a scoring methodology, we then seek mispricing opportunities at the asset class, country and sector level and leverage our top ideas to construct portfolios. For fixed income, we believe that an in-depth understanding of consensus drivers helps reveal outperformance potential. Possible performance scenarios are identified and portfolios are constructed which should perform well under a range of market conditions. we focus on finding opportunities that others miss 12 Baring Asset Management

13 Seeking positive earnings surprises For our specialist equity funds, we seek companies whose growth prospects are not reflected in their prices. Our investment managers implement stock decisions with the highest return potential for a given level of risk. This strongly emphasises stock selection skills, expressed through a high conviction portoflios of best ideas. We follow a quality Growth at a Reasonable Price (GARP) investment philosophy. We believe that long-term earnings growth is the principal driver of stock market performance and the best way of finding unrecognised growth is to identify quality companies with visibility of earnings over three to five years. 13 Baring Asset Management

14 BARING ASSET MANAGEMENT A rich history, experience across market conditions, global perspective and a focus on developing solutions that meet our clients needs. The results speak for themselves 250 years of successfully managing our clients assets and delivering superior client service. 14 Baring Asset Management

15 FOLLOW US: On the internet: On Twitter: On our mobile App: On YouTube: On LinkedIn: Scan the QR code to: Follow 15 Baring Asset Management

16 Important Information Investment involves risk. The value of investments and any income generated may go down as well as up and is not guaranteed. Past performance is not a guide to future performance. Issued and approved by Baring Asset Management Limited (authorised and regulated by the Financial Conduct Authority). Lists of locations, or location indicators on maps, are non-exhaustive. They may include locations where Barings has an office and/or where Barings has appointed a local organisation or individual to act on its behalf for certain apsects of its business. Data as at March Source: Barings. Images are sourced from The Barings Archive and Barings image library. This document is available in large print and Braille. Please contact uk.sales@barings.com or telephone +44 (0) M0315/50C/LDS Baring Asset Management Limited 155 Bishopsgate London EC2M 3XY Tel: +44 (0) Fax: +44 (0) London Boston Dubai Frankfurt Geneva Hong Kong Kaohsiung Paris San Francisco Seoul Taipei Tokyo Toronto