Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Barings Targeted Return A GBP Inc

Ranked 3 out of 58 in - Absolute Return GBP over 12 months
All calculations are in GBP unless stated

Managed by

Malcolm Herring

London-born Malcolm Herring graduated from the London School of Economics with a BSc in Monetary Economics, and he also holds a Certified Diploma in Accounting and Finance. Considered in some quarters as a safe pair of hands in the balanced managed sector, his relatively cautious investment process led to outperformance on a risk-adjusted basis through 2007. In a career spanning nearly 30 years Malcolm has remained a “one company man” having joined Baring as an investment analyst in their UK equity research department after graduation in 1979, taking on his first portfolio manager role in 1981 and subsequently being appointed a Divisional Director in 1989. Malcolm runs the Baring Portfolio. He has also been involved in the management and marketing of charitable fund services for a number of years. Away from work, Malcolm lists his leisure interests as rugby and music.

Objective

The objective of the Fund is to aim for a total return of CPI + 5% per annum gross of the Managers' fees, which shall include an income target of CPI + 1% per annum, in each case over a rolling 3 year period. The fund will be entitled to invest in all asset classes as deemed appropriate by the Managers, subject to the investment restrictions set out in the Scheme Particulars.

Showing fund performance in United Kingdom View performance globally

Performance

Absolute Return GBP over : 31/12/2016 - 31/12/2017
  • Rank 3/58 Total Return
  • Rank 22/58 Standard Deviation
  • Rank 6/58 Max Drawdown
Fund Name Currency Return
1 Rathbone Multi Asset Strategic Growth ACC EUR L3 GBP

11.2%

2 LF Canlife Total Return B Acc GBP

10.3%

3 Barings Targeted Return A GBP Inc GBP

10.0%

4 Insight Broad Opportunities B1 GBP GBP

9.6%

5 Nomura Funds Ireland-Diversified Growth I GBPH

Currency exposure is hedged

Currency exposure is hedged

GBP

9.0%

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 10.0% 3.7% 2.5% 1.3% 2.1%
2016 6.1% -1.0% 1.8% 5.1% 0.2%
2015 2.8% 4.7% -1.2% -4.8% 4.4%
2014 5.4% 0.1% 1.8% 0.5% 2.9%
2013 9.9% 6.5% -2.5% 2.8% 2.9%
2012 7.6% 4.1% -1.8% 4.0% 1.2%
2011 -2.6% -0.8% 1.3% -5.6% 2.6%
2010 13.6% 3.9% -4.2% 8.1% 5.6%
2009 21.5% -4.8% 9.7% 12.3% 3.6%
2008 -21.8% -7.0% -0.4% -9.9% -6.3%
2007 3.5% 2.1% 3.1% -0.5% -1.2%
2006 16.5% 10.1% -2.6% 2.6% 5.9%
2005 20.9% 3.4% 4.4% 5.7% 6.0%
2004 17.1% 3.8% 2.5% 3.7% 6.1%
2003 18.7% -6.5% 13.7% 4.8% 6.6%
2002 -22.4% 3.4% -12.3% -18.3% 4.7%
2001 -15.6% -9.9% 1.5% -14.4% 7.9%
2000 -8.8% -6.4% -1.9% 3.9% -4.4%
1999 23.3% 10.0% 0.5% -5.6% 18.2%
1998 14.0% 15.7% -0.9% -15.3% 17.5%
1997 23.1% 4.4% 4.8% 13.2% -0.5%
1996 17.0% 3.8% 2.2% 6.3% 3.8%
1995 18.3% 0.9% 5.9% 6.6% 3.9%
1994 -6.8% -5.1% -6.0% 3.4% 1.1%
1993 24.2% 1.8% 3.5% 6.9% 10.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date22/10/1992
  • Share Class size84Mn
  • Base currencyGBP
  • ISIN GB0000848449

Purchase Info

  • Min. initial investment10,000
  • Min. regular additional investment0

Charges

  • Annual management0.50%
  • Initial investment0

Related News

Francis cuts small-cap exposure

The Baring UK Growth unit trust is poised to buy into the group’s smaller companies fund after a series of individual small-cap stock bets hurt performance last year, reports Steve Wickham.

Retailers top UK fund managers’ shopping lists

World stockmarkets may be gripped by uncertainty but UK fund managers believe retailers could deliver the goods as and when investor sentiment improves.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).