The once broken bank back again?
(Asia) – UK based Baring Asset Management is launching a new "Asian fund of hedge funds", fully eight years after its dealer Nick Leeson buried the old Barings Bank in losing derivative bets on the Nikkei share index.
In partnership with London headquartered fund of hedge fund firm Fauchier Partners, the new offering Baring Asia Hedge Select (BAHS), is being launched early June and will invest mostly in long/short equity managers, purely focussed on Asian markets.
BAHS is trying to tap into Asian growth on the long side in markets like China, whilst betting on the short side in markets such as Japan.
BAHS is trying to tap into Asian growth on the long side in markets like China, whilst betting on the short side in markets such as Japan.
Subscribe