Baring Asset Management – a London based international investment firm – has renamed its Portfolio Fund.

Baring Asset Management, a London based international investment firm, has renamed its Portfolio Fund.

Now known as the Baring Dynamic Capital Growth Fund - it is still managed by Alison Huang. Its strategy has also been tweaked so that it is a more flexible multi asset product, the firm said. 

"The changes to the investment objective and policy were made to move the fund to a more flexible style of investment management in line with implementing a dynamic multi asset strategy. The changes will also enable the fund manager to respond more efficiently to changes in the economic market environment, implement the investment strategy in a cost effective manner and manage risk more effectively," the firm said.

The investment objective of the fund is to achieve long-term capital growth through investments globally.

"Barings has a long track record in multi asset investing, with a well-resourced and experienced team. This product is designed to bring our multi asset capability and experience to market at a lower price point which will suit members of pension schemes that fall under the new auto enrolment legislation, which comes into effect in April 2015," said Marino Valensise, head of the Baring Multi Asset Group.