Barings' Goodwin: Is oil price volatility here to stay?

clock

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 ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

Investment Week launches Geographical Equities Conference 2024

Investment Week launches Geographical Equities Conference 2024

Allianz Global Investors, Downing, EdenTree and Royal London Asset Management among speakers

Investment Week
clock 15 January 2024 • 2 min read
Moody's downgrades China sovereign credit outlook to negative

Moody's downgrades China sovereign credit outlook to negative

Retains A1 rating

Elliot Gulliver-Needham
clock 05 December 2023 • 2 min read
ECB warns high rates are pushing economy towards fragility

ECB warns high rates are pushing economy towards fragility

‘Early signs of stress’ in banks

Elliot Gulliver-Needham
clock 22 November 2023 • 2 min read
Trustpilot