Barings Targeted Return Fund

Analysis

Barings Targeted Return Fund is a registered charity in England and Wales, based in London. It was registered in August 2019, 7 years ago. Its declared purposes cover general charitable purposes, which this site groups under grant-making and general purposes. Legally it is a charitable trust. It says it other charitable activities.

In the financial year ending August 2022, Barings Targeted Return Fund reported income of £129k and spending of £13k, leaving 90% of income unspent that year. Across the 2 years on record, from August 2021 to August 2022, income fell from £6.0m to £129k (-98%), an average of -98% a year. The sharpest change came in the year to August 2022, when income dropped by 98%. Over the whole period it spent 31% of the income it received.

Among 5,976 England and Wales charities whose main cause is grant-making and general purposes and that reported income, Barings Targeted Return Fund sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in England and Wales with reported income it ranks in the 75th percentile. Charities of a similar size with the same main cause include United Grand Lodge of England, Grand Secretary's Discretionary Fund (£129k), The Lauffer Family Charitable Trust (£130k) and The Philip J Davies Family Charitable Trust (£128k).