Baring Global Bond rating suspended by Bestinvest

  • Print
  • Comment

Colin Harte

Colin Harte

Colin Harte, manager of the Baring Global Bond fund, left the company after his £72.9m Barings Absolute Return Global Bond trust was merged into the Multi Asset fund.

The three-star Bestinvest rating formerly held by the Baring Global Bond fund has been suspended for the time being. The portfolio is now being managed by Dagmar Dvorak, previously co-manager.

According to the fund’s latest factsheet, the portfolio has returned 6.1% over three years, outperforming its benchmark’s 4.4%. The fund has slightly underperformed over five and ten years. (article continues below)

Baring Asset Management said earlier this week that there was “no longer a position” for Harte after the merger. Dvorak will also manage the Barings Absolute Return Global Bond trust.

The move was announced in January, after the company determined that the portfolio’s performance is likely to face pressure from economic volatility for the foreseeable future.


  • Print
  • Comment

Daily Email Updates

If you enjoyed this article, sign up to receive the latest breaking news and analysis for your industry from Fund Web.

The Money Marketing CPD Centre

Time spent reading about technical or regulatory issues can build your annual CPD hours. Log and plan your annual CPD for free with The Money Marketing CPD Centre.

Have your say Edit my profile/screen name

You must sign in to make a comment

Fund Data


Following the Financial Services Consumer Panel’s damning report into fund charges what do you think the solution is?