Barings' global resources manager Duncan Goodwin shares his view on a volatile commodities market at this year's Investment Week Funds to Watch conference.
Goodwin joined Barings in December from Martin Currie to take over the Global Resources fund from Jonathan Blake. Since his arrival, he has restructured the £307m fund to focus more on general materials and less on oil and mining stocks. This has also increased his holdings from 265 to 418, as his remit now includes areas such as chemicals and paper. This move away from oil stocks has served him well given the falling oil price which dipped below $70 following an OPEC decision not to limit production. In contrast to many other resources and equity managers, Goodwin has zero exposure ...
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