international scene but also offer a chance to discuss the company's new relationship with Internationale Nederlanden Groep NV (ING), said Kast Investment Management Ltd. (KIML) president Mrs. Anne Kast.

The seminar is slated for Monday at 4 p.m. at the Princess Hotel and includes presentations by Baring Asset Management Holdings Ltd. BAM, which dates back to 1762 when Baring Brothers was established, now has $40.9 billion in assets under management worldwide.

Several Island captives and some Bermuda residents have investments managed by BAM, said Mrs. Kast.

Institutional group director Mr. Alan Frame will discuss fixed income investments and currencies.

Fixed income investments, like bonds, are topical because everybody focuses on US interest rates, said Mrs. Kast.

Investors and money managers are interested in whether or not the bond rally will continue, she said.

Ms Kate Munday and Mr. David Soden, also BAM institutional group directors, will discuss the European market and the volatile emerging markets, respectively.

The seminar also includes a global overview by BAM managing director Mr. Peter Hartley.

ING acquired Barings after that UK merchant bank collapsed earlier this year.

After the collapse, tied to derivatives trading in the Far East, many institutions moved to make offers for part or all of Barings.

ING, created in 1991 when Nationale Nederlanden, the biggest Dutch insurer, and NMB Postbank Group, the Netherlands' third largest bank merged, emerged as the new owner.

Mr. David Soden Ms Kate Munday