Barings to develop new Asia bond funds

Baring Asset Management intends to expand its Asia fixed-income business by adding new products and marketing existing ones to new channels, says Sean Chang, head of Asian debt investment in Hong Kong. He joined the firm in May from HSBC Global Asset Management. Chang says the Asia bond capabilities have emerged from existing global teams covering global and emerging-market fixed income. The firm’s Dublin-domiciled Asian Debt Fund, a Ucits product for which Chang is lead manager…