Baring Absolute Return Global Bond

The Baring Absolute Return Global Bond is designed as a stepping stone between long only products, such as traditional unit trusts and hedge funds.

This fund is able to take advantage of a variety of financial instruments, with the aim of producing constant returns independent of market conditions. In particular, if the fund is correctly positioned, it should be able to make money when yields are rising, the environment in which bond funds typically suffer capital erosion.

Colin Harte has managed the Baring Absolute Return Global Bond Trust since it was launched on the 12th of March 2004. Colin is currently Head of the Fixed Income Scenario team. Colin is also actively involved with the research into currency markets and foreign exchange mechanism. Colin brings a wealth of experience to the Baring Absolute Return Global Bond team having worked in a large range of different market conditions over the past 28 years. In addition, Colin has a world-class team of analysts in all areas of global markets, giving him instant access to a whole world of information and expertise. Colin and the team use their knowledge and technical skills to build theoretical models of various potential outcomes of the global bonds and currency market fluctuations. These models are then used to position the fund resources in the best combination of relevant bonds, with the aim to take advantage of either upswings or downswings in the markets.

The Baring Absolute Return Global Bond has out-performed the sector average by approximately 11.5% and the FTSE 100 by approximately 25.5% over the last year. The current economic downturn is in the final stages of downward trend, however, it shall be a long time until the conditions are correct for the resurgence of the bull market. For that reason, a fund of this nature is ideal for the current economic climate as it offers returns independent of global equity markets.