BAM targets Asian market

Baring Asset Management (BAM) has strengthened its alternative offering with the launch of a specialist fund of mostly long/short hedge funds focusing purely on the Asian market.

The aim of Baring Asia Hedge Select (BAHS) will be to tap into the Asian growth story (led by China) on the long side, and systemic economic problems (led by Japan) on the short.

With intended returns of 7% over the risk-free rate and the same for volatility, manager Tom Maier will aggressively allocate between regions an