Barings Asset Management has announced its flagship multi-asset targeted return product the Baring Dynamic Asset Allocation Fund has celebrated its fifth anniversary by seeing it hit £4.03 billion in assets under management.
After launching on January 17th 2007, the company also noted it has 177 institutional clients invested in the fund.
The fund has maintained a very strong track record since it was launched, as it dynamically allocated to different asset classes according to the company's economic analysis and outlook.
During 2011, the fund was seen to have returned 1.5 per cent for its investors, compared with the 3.5 per cent fall that was recorded by the FTSE All Share.
In addition, it saw a three-year annualised performance of 10.4 per cent as of the end of December last year.
This figure was versus the five per cent for its target and is in line with the investment objective over five years.
Andrew Benton, Barings' head of UK and international institutional business, said the company has long made a case for dynamic multi-asset investing and the benefits that such options can bring for their clients.
He explained this was brought into the frame during 2011, when the fund recorded a very good year, especially considering the experiences seen across the markets.
"By reacting quickly to changes in market conditions through a flexible approach to asset allocation, we have been able to successfully preserve capital while also capturing returns," Mr Benton added.
In addition, the feedback from clients regarding the fund was also noted to have been very good.
Earlier this month, Barings outlined that the global economic outlook was still very uncertain for the year ahead, with it split perilously between disaster and safety.
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