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Baring hedge fund, GCC stocks
- United Arab Emirates: Sunday, October 16 - 2005 at 08:48
Baring Asset Management has announced the launch of its third long/short equity hedge fund; the Baring EMEA Absolute Return Fund, available to institutional and professional investors from November 1. It aims to deliver returns in excess of 20% with volatility of around 15%. The fund will be managed by Marina Akopian, who joined Baring Asset Management in December 2004. The fund's portfolio may include select GCC stocks.
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Peter J. CooperSunday, October 16 - 2005 at 08:48 UAE local time (GMT+4)
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