type private industry financial services founded 1989 1 headquarters 155 bishopsgate city of london uk area served worldwide key people david j. brennan chairman and ceo products asset management aum 60.3 billion september 2013 2 number of employees 492 3 website www.barings.com baring asset management limited also known as barings is an international investment management firm . former parent company barings group originally established an asset management arm in 1955 and baring asset management was formally created in 1989 . 1 baring asset management is now owned by massachusetts mutual life insurance company massmutual and operates as a subsidiary of massmutual financial group a diversified financial services organisation . 4 5 6 baring asset management has its head office in london and other regional offices around the globe europe united kingdom germany france asia pacific hong kong korea taipei tokyo north america boston san francisco toronto and middle east dubai . 7 8 contents 1 services 2 history 3 recent notable events 4 references 5 further reading 6 external links services edit baring asset management provides investment management services to investors worldwide with a particular focus on emerging and inefficient markets ; asset allocation and specialist fixed income . 9 history edit main articles barings bank and baring family barings originally established as a firm of merchants and merchant bankers was formed in london in 1762 . 1 in the 1950s barings realised the potential of asset management and set up its own investment department in 1955 . 10 11 clients were corporate clients sovereign connections pension funds and charitable institutions . in the 1970s barings expanded this business internationally with offices in the far east north america and europe . 12 in 1989 barings combined all of its asset management activities within baring asset management limited headquartered in london . 13 in 1995 barings bank the oldest investment bank in britain collapsed as a result of unauthorised trading by its head derivatives trader in singapore nick leeson who was imprisoned for six and a half years in singapore . 14 it was then bought by ing group a dutch bank for 1 . 15 in march 2005 baring asset management was split and massachusetts mutual life insurance company massmutual acquired baring asset management s investment management activities and the rights to use the baring asset management name . 16 17 northern trust acquired baring asset management s financial services group . 18 recent notable events edit 2010 baring asset management wins the queen s award for enterprise 2010 in the international trade category 19 2012 250 th anniversary 20 2013 baring asset management completes acquisition of sei asset korea co. ltd seiak 21 references edit a b c tony tassell 17 november 2004 . final step in dismemberment of bam . uk financial times . retrieved 10 october 2013 . barings 17 november 2004 . about barings . uk baring asset management . retrieved 30 september 2013 . company check 2012 . baring asset management limited no . of employees . uk company check . retrieved 9 january 2014 . tony tassell 23 november 2004 . ing splits and sells baring asset management . uk financial times . retrieved 6 january 2014 . baring asset management 23 november 2004 . baring at a glance . uk baring asset management . retrieved 20 june 2013 . massmutual to buy baring asset unit . uk bizjournal . 20 november 2004 . retrieved 20 june 2013 . mark battersby 2 april 2013 . barings acquires one of korea s largest asset managers . asia international adviser . retrieved 6 january 2014 . baring am sets up dubai office . us institutional investor . 22 october 2010 . retrieved 6 january 2014 . bloomberg businessweek . company overview of baring asset management limited . uk bloomberg businessweek . retrieved 6 january 2014 . risks and rewards merchant banking . uk risk and rewards . retrieved 20 june 2013 . timeline 1950s . uk the baring archive charity . retrieved 10 october 2013 . baring asset management . uk invest offshore directly . retrieved 20 june 2013 . timeline 1989 . uk the baring archive charity . retrieved 10 october 2013 . implications of the barings collapse for bank supervisors pdf . reserve bank of australia . 1995 . archived from the original pdf on 2007 09 01 . retrieved 2007 11 18 . howard chua eoan 2007 . the collapse of barings bank 1995 . time magazine . archived from the original on 2007 . retrieved 2007 . check date values in access date help ing ends link with baring name . uk bbc news . 22 november 2004 . business massmutual to buy part of barings business . boston boston.com . 23 november 2004 . ing sells baring asset management . financial news . november 22 2004 . award winners baring asset management limited . uk the queen s awards for enterprise magazine . retrieved 20 june 2013 . barings celebrates 250th anniversary . uk actuarial post . retrieved 20 june 2013 . barings enters korea s asset management market . uk the wall street journal . 16 april 2013 . retrieved 20 june 2013 . further reading edit philip ziegler the sixth great power barings 1762 1929 1988 . london harpercollins publishers limited . isbn 0 00 217508 8 . john orbell 1995 baring brothers & co. limited a history to 1939 . london baring brothers & company external links edit wikimedia commons has media related to baring asset management . official website the baring archive retrieved from https en.wikipedia.org w index.php title baring asset management & oldid 739471392 categories companies based in the city of londoncompanies established in 1989investment management companies of the united kingdombaring familyhidden categories cs1 errors datescommons category without a link on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom 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