Baring's Cole ups risk exposure in 3 month-old portfolio

Baring Multi Asset fund manager Andrew Cole is looking to boost risk exposure in his recently-launch...

Baring Multi Asset fund manager Andrew Cole is looking to boost risk exposure in his recently-launched portfolio, expecting higher-risk assets to outperform through this phase of the downturn. Cole particularly sees current value in UK equities, building up a 28% exposure at the end of May. The manager also remains keen on fixed income, especially in corporate debt - holding positions in the Baring Corporate Bond and M&G Corporate Bond funds. "You are being fully compensated for risk at the moment," Cole says. "But in a downturn the key thing is to be in the right asset class. I do ...