Baring Asset Management Expects To Capitalise On US Mutual Fund Troubles

David Brennan, chairman and CEO of Baring Asset Management, says he expects his firm to capitalise on the mutual fund market timing scandal in the United States. He told the Financial Times yesterday that "I think there is a significant

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David Brennan, chairman and CEO of Baring Asset Management, says he expects his firm to capitalise on the mutual fund market timing scandal in the United States. He told the Financial Times yesterday that “I think there is a significant opportunity for international managers that are not involved in the US mutual fund business. We have been very aggressive in profiling our products in North America over the last four months.”

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