Baring gets the boot from Bank of Bermuda

Bank of Bermuda has dropped Baring from its $1 billion multi-manager investment service for underperformance.

Baring Asset Management's UK equity team may have little to celebrate this festive season - by Christmas Eve the manager would have been sacked for one month to the day from a $1 billion multi-manager investment service operated by Bank of Bermuda BoB.

The bank held a roadshow in Hong Kong two months ago promoting the 18-month-old investment service to institutional and high net worth investors.

Until November 24, Baring was one of 11 managers for Bo...

To continue reading, please login or register for free

Click for more on: baring | gets | boot | bank | bermuda

Print Edition

FinanceAsia Print Edition