Baring Asset Management Grows Global Sector Group with New Consumer Analyst.Business Editors BOSTON--(BUSINESS WIRE)--Nov. 10, 2003 Baring Asset Management (BAM Bam (bäm), town (1996 pop. 70,100), Kerman prov., SE Iran, on the intermittent Bam River. Located on the western edge of the Dasht-e Lut, Bam is a trade center in a henna-growing region. Dates and other fruits are also grown; camels are raised. ), the global institutional investment management firm, announced that Alexandra Harries has joined the firm as director and senior investment analyst. In her new role, Ms. Harries will focus on consumer sectors as a member of BAM's Consumer Cyclical, Consumer Staples Consumer Staples The industries that manufacture and sell food/beverages, tobacco, prescription drugs, and household products. Notes: Proctor and Gamble would be considered a consumer staple company because many of its products are household and food related. and Healthcare global sector teams. "Alexandra's background and experience will help deepen our resources in the consumer cyclical and staples investing area, helping us to select those stocks which offer the best opportunity for Growth at a Reasonable Price," said Hayes Miller, Senior Vice President and member of Baring Asset Management's Global and EAFE EAFE Europe, Australia, and the Far East (markets) EAFE European Association of Fisheries Economists EAFE European Association of Forensic Entomologists EAFE Edge-Average Finite Element EAFE Extended Arm Fume Extractor portfolio management team. "Alexandra will prove a valuable addition to us and our clients, and we welcome her to the team." Ms. Harries has 14 years of investment experience, including serving as an analyst and an asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. specialist. Prior to joining Baring Asset Management, Ms. Harries held positions with UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Brinson, Schroders and Flemings. About Baring Asset Management Baring Asset Management (BAM) is a global investment management firm that manages over $30 billion on behalf of governments, institutions, charities, private clients and mutual fund investors located around the world. Within North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , BAM provides asset management services to institutional investors, offering them a range of equity and fixed income products in both domestic and international markets from their offices in Boston, San Francisco and Toronto. BAM follows a Growth at a Reasonable Price (GARP (General Attributes Registration Protocol) A standard for registering a client station into a multicast domain. See 802.1p. GARP - A graphical language for concurrent programming. ["Visual Concurrent Programmint in GARP", S.K. ) equity investment strategy. Its approach focuses on identifying favorable earnings surprise and valuation characteristics through fundamental research, and it seeks companies and markets whose attractive growth prospects are not fully reflected in their prices. Baring Asset Management is part of ING Group, one of the largest financial institutions in Europe. ING Group employs over 115,000 people in over 60 countries. More information about Baring Asset Management can be found at www.baring-asset-us.com. |
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