Barings 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
2U INC	NOTE 2.250% 5/0	90214JAB7	1,957,500	3,000,000	PRN		SOLE		3,000,000	0	0
ABBOTT LABS	COM	002824100	272,005	2,495	SH		DFND	3	2,495	0	0
ABBVIE INC	COM	00287Y109	200,882	1,491	SH		DFND	3	1,491	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	238,532	773	SH		DFND	3	773	0	0
ADOBE SYSTEMS INCORPORATED	COM	00724F101	403,906	826	SH		DFND	3	826	0	0
AGCO CORP	COM	001084102	8,993,071	68,430	SH		DFND	3	68,430	0	0
ALBEMARLE CORP	COM	012653101	6,167,323	27,645	SH		DFND	3	27,645	0	0
ALPHABET INC	CAP STK CL C	02079K107	1,304,903	10,787	SH		DFND	3	10,787	0	0
ALPHABET INC	CAP STK CL A	02079K305	859,207	7,178	SH		DFND	3	7,178	0	0
ALPHABET INC	CAP STK CL A	02079K305	509,922	4,260	SH		SOLE		4,260	0	0
AMAZON COM INC	COM	023135106	4,441,365	34,070	SH		DFND	3	34,070	0	0
AMAZON COM INC	COM	023135106	281,056	2,156	SH		SOLE		2,156	0	0
AMBEV SA	SPONSORED ADR	02319V103	3,201,726	1,006,832	SH		DFND	3	1,006,832	0	0
AMCOR PLC	ORD	G0250X107	1,385,723	138,850	SH		DFND	3	138,850	0	0
ANALOG DEVICES INC	COM	032654105	158,770	815	SH		DFND	3	815	0	0
ANALOG DEVICES INC	COM	032654105	142,016	729	SH		SOLE		729	0	0
ANGLOGOLD ASHANTI LIMITED	SPONSORED ADR	035128206	3,342,723	158,498	SH		DFND	3	158,498	0	0
ANGLOGOLD ASHANTI LIMITED	SPONSORED ADR	035128206	79,172	3,754	SH		SOLE		3,754	0	0
AON PLC	SHS CL A	G0403H108	3,707,793	10,741	SH		DFND	3	10,741	0	0
AON PLC	SHS CL A	G0403H108	249,234	722	SH		SOLE		722	0	0
APPLE INC	COM	037833100	3,060,071	15,776	SH		DFND	3	15,776	0	0
APPLIED MATLS INC	COM	038222105	317,988	2,200	SH		DFND	3	2,200	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	6,924,470	91,642	SH		DFND	3	91,642	0	0
AUTODESK INC	COM	052769106	121,743	595	SH		DFND	3	595	0	0
AUTODESK INC	COM	052769106	154,276	754	SH		SOLE		754	0	0
BANCO BRADESCO S A	SP ADR PFD NEW	059460303	6,403,865	1,850,828	SH		DFND	3	1,850,828	0	0
BANCOLOMBIA S A	SPON ADR PREF	05968L102	4,441,073	166,457	SH		DFND	3	166,457	0	0
BANK AMERICA CORP	COM	060505104	201,662	7,029	SH		DFND	3	7,029	0	0
BARINGS PARTN INVS	SH BEN INT	06761A103	1,111,914	86,128	SH		SOLE		86,128	0	0
BECTON DICKINSON & CO	COM	075887109	574,486	2,176	SH		DFND	3	2,176	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	264,616	776	SH		DFND	3	776	0	0
BIOLIFE SOLUTIONS INC	COM NEW	09062W204	2,018,084	91,316	SH		SOLE		91,316	0	0
BLACKROCK TCP CAPITAL CORP	COM	09259E108	17,492,789	1,603,372	SH		SOLE		1,603,372	0	0
BM TECHNOLOGIES INC	CL A COM	05591L107	94,734	31,790	SH		SOLE		31,790	0	0
BROADCOM INC	COM	11135F101	454,533	524	SH		DFND	3	524	0	0
BUNGE LIMITED	COM	G16962105	10,217,822	108,297	SH		DFND	3	108,297	0	0
CF INDS HLDGS INC	COM	125269100	9,634,316	138,783	SH		DFND	3	138,783	0	0
CHEVRON CORP NEW	COM	166764100	10,954,078	69,616	SH		DFND	3	69,616	0	0
CISCO SYS INC	COM	17275R102	315,304	6,094	SH		DFND	3	6,094	0	0
CLOUDFLARE INC	CL A COM	18915M107	644,417	9,858	SH		DFND	3	9,858	0	0
CLOUDFLARE INC	CL A COM	18915M107	118,385	1,811	SH		SOLE		1,811	0	0
CNH INDL N V	SHS	N20944109	7,430,760	516,025	SH		DFND	3	516,025	0	0
COCA COLA CO	COM	191216100	394,923	6,558	SH		DFND	3	6,558	0	0
COMPANHIA DE SANEAMENTO BASI	SPONSORED ADR	20441A102	1,915,238	161,760	SH		DFND	3	161,760	0	0
CONOCOPHILLIPS	COM	20825C104	14,952,063	144,311	SH		DFND	3	144,311	0	0
CORTEVA INC	COM	22052L104	21,366,769	372,893	SH		DFND	3	372,893	0	0
COSTCO WHSL CORP NEW	COM	22160K105	488,849	908	SH		DFND	3	908	0	0
CREDICORP LTD	COM	G2519Y108	1,357,255	9,193	SH		DFND	3	9,193	0	0
CURIOSITYSTREAM INC	COM CL A	23130Q107	26,046	27,931	SH		SOLE		27,931	0	0
D MARKET ELECTR SVCS & TRADI	SPONSORED ADS	23292B104	1,337,004	795,836	SH		DFND	3	795,836	0	0
DANAHER CORPORATION	COM	235851102	244,080	1,017	SH		DFND	3	1,017	0	0
DARLING INGREDIENTS INC	COM	237266101	12,862,297	201,635	SH		DFND	3	201,635	0	0
DBX ETF TR	XTRACK HRVST CSI	233051879	6,853,584	256,113	SH		DFND	4	256,113	0	0
DEERE & CO	COM	244199105	14,003,772	34,561	SH		DFND	3	34,561	0	0
DISH NETWORK CORPORATION	NOTE 3.375% 8/1	25470MAB5	5,864,341	11,517,000	PRN		SOLE		11,517,000	0	0
DOW INC	COM	260557103	5,249,306	98,560	SH		DFND	3	98,560	0	0
EOG RES INC	COM	26875P101	10,801,763	94,388	SH		DFND	3	94,388	0	0
EOS ENERGY ENTERPRISES INC	COM CL A	29415C101	5,227,226	1,204,430	SH		SOLE		1,204,430	0	0
EXXON MOBIL CORP	COM	30231G102	20,982,390	195,640	SH		DFND	3	195,640	0	0
FABRINET	SHS	G3323L100	1,804,423	13,893	SH		DFND	3	13,893	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	273,391	4,998	SH		DFND	3	4,998	0	0
FIRST TR EXCH TRADED FD III	PFD SECS INC ETF	33739E108	1,385,318	86,745	SH		DFND	3	86,745	0	0
FIRST TR EXCH TRADED FD III	PFD SECS INC ETF	33739E108	2,650,956	165,996	SH		DFND	4	165,996	0	0
FIRST TR EXCHANGE TRADED FD	NASDQ CLN EDGE	33737A108	2,394,213	22,776	SH		DFND	1	22,776	0	0
FIRST TR EXCHANGE TRADED FD	NASDQ CLN EDGE	33737A108	3,893,855	37,042	SH		DFND	3	37,042	0	0
FIRST TR EXCHANGE TRADED FD	NASDQ CLN EDGE	33737A108	13,583,817	129,222	SH		DFND	4	129,222	0	0
FMC CORP	COM NEW	302491303	8,702,269	83,403	SH		DFND	3	83,403	0	0
GARRETT MOTION INC	COM	366505105	19,699,010	2,602,247	SH		SOLE		2,602,247	0	0
GLOBAL X FDS	X EMERGING MKT	37954Y350	6,709,716	306,800	SH		DFND	2	306,800	0	0
GLOBANT S A	COM	L44385109	2,121,774	11,806	SH		DFND	3	11,806	0	0
GREEN PLAINS INC	COM	393222104	11,368,791	352,630	SH		SOLE		352,630	0	0
H WORLD GROUP LTD	SPONSORED ADS	44332N106	41,559,789	1,071,681	SH		DFND	1	1,071,681	0	0
HALLADOR ENERGY COMPANY	COM	40609P105	593,378	69,239	SH		SOLE		69,239	0	0
HDFC BANK LTD	SPONSORED ADS	40415F101	402,866	5,780	SH		SOLE		5,780	0	0
HESS CORP	COM	42809H107	9,727,222	71,550	SH		DFND	3	71,550	0	0
HOME DEPOT INC	COM	437076102	311,261	1,002	SH		DFND	3	1,002	0	0
INTERNATIONAL FLAVORS&FRAGRA	COM	459506101	472,048	5,931	SH		DFND	3	5,931	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	259,532	759	SH		DFND	3	759	0	0
INVESCO EXCHANGE TRADED FD T	S&P 500 GARP ETF	46137V431	4,330,206	47,700	SH		DFND	1	47,700	0	0
INVESCO EXCHANGE TRADED FD T	S&P 500 GARP ETF	46137V431	7,811,074	86,044	SH		DFND	3	86,044	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	8,549,118	23,142	SH		DFND	1	23,142	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	345,525,914	935,320	SH		DFND	2	935,320	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	8,184,870	22,156	SH		DFND	3	22,156	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	20,138,192	54,513	SH		DFND	4	54,513	0	0
ISHARES INC	JP MRG EM CRP BD	464286251	1,569,864	36,197	SH		DFND	3	36,197	0	0
ISHARES INC	JP MRG EM CRP BD	464286251	31,117,585	717,491	SH		DFND	4	717,491	0	0
ISHARES INC	MSCI WORLD ETF	464286392	5,396,199	43,336	SH		DFND	1	43,336	0	0
ISHARES INC	MSCI WORLD ETF	464286392	14,527,001	116,664	SH		DFND	3	116,664	0	0
ISHARES INC	MSCI EURZONE ETF	464286608	9,981,154	217,834	SH		DFND	3	217,834	0	0
ISHARES INC	MSCI HONG KG ETF	464286871	6,811,389	352,374	SH		DFND	1	352,374	0	0
ISHARES TR	CORE S&P500 ETF	464287200	690,262,163	1,548,680	SH		DFND	2	1,548,680	0	0
ISHARES TR	CORE S&P500 ETF	464287200	6,211,415	13,936	SH		DFND	3	13,936	0	0
ISHARES TR	CORE S&P500 ETF	464287200	121,592,362	272,806	SH		DFND	4	272,806	0	0
ISHARES TR	CORE US AGGBD ET	464287226	78,026,578	796,596	SH		DFND	4	796,596	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	5,431,980	50,231	SH		DFND	1	50,231	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	7,659,448	70,829	SH		DFND	3	70,829	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	717,184	6,632	SH		DFND	4	6,632	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	72,659,266	671,900	SH		SOLE		671,900	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	17,725,438	251,496	SH		DFND	4	251,496	0	0
ISHARES TR	7-10 YR TRSY BD	464287440	1,730,106	17,910	SH		DFND	3	17,910	0	0
ISHARES TR	7-10 YR TRSY BD	464287440	57,329,202	593,470	SH		DFND	4	593,470	0	0
ISHARES TR	1 3 YR TREAS BD	464287457	725,180	8,944	SH		DFND	4	8,944	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	342,866,447	1,412,950	SH		DFND	2	1,412,950	0	0
ISHARES TR	EUROPE ETF	464287861	1,848,349	36,572	SH		DFND	3	36,572	0	0
ISHARES TR	EUROPE ETF	464287861	14,408,145	285,084	SH		DFND	4	285,084	0	0
ISHARES TR	MSCI AC ASIA ETF	464288182	3,607,891	54,303	SH		DFND	1	54,303	0	0
ISHARES TR	MSCI ACWI ETF	464288257	3,860,050	40,234	SH		DFND	1	40,234	0	0
ISHARES TR	MBS ETF	464288588	755,447	8,100	SH		SOLE		8,100	0	0
ISHARES TR	ISHS 1-5YR INVS	464288646	3,853,056	76,800	SH		SOLE		76,800	0	0
ISHARES TR	SHORT TREAS BD	464288679	15,722,999	142,354	SH		DFND	4	142,354	0	0
ISHARES TR	FLTG RATE NT ETF	46429B655	52,395,420	1,031,000	SH		SOLE		1,031,000	0	0
ISHARES TR	MSCI USA QLT FCT	46432F339	5,428,652	40,251	SH		DFND	3	40,251	0	0
ISHARES TR	0-5YR INVT GR CP	46434V100	919,895	19,081	SH		DFND	1	19,081	0	0
ISHARES TR	CORE MSCI EURO	46434V738	2,466,821	46,871	SH		DFND	1	46,871	0	0
ISHARES TR	CONV BD ETF	46435G102	2,578,219	33,764	SH		DFND	3	33,764	0	0
ISHARES TR	ESG AWR US AGRGT	46435U549	13,022,552	276,077	SH		DFND	4	276,077	0	0
ITAU UNIBANCO HLDG S A	SPON ADR REP PFD	465562106	8,123,480	1,376,861	SH		DFND	3	1,376,861	0	0
ITRON INC	NOTE3/1	465741AN6	2,689,200	3,000,000	PRN		SOLE		3,000,000	0	0
JOHNSON & JOHNSON	COM	478160104	328,723	1,986	SH		DFND	3	1,986	0	0
JPMORGAN CHASE & CO	COM	46625H100	441,265	3,034	SH		DFND	3	3,034	0	0
KLA CORP	COM NEW	482480100	211,954	437	SH		DFND	3	437	0	0
LAM RESEARCH CORP	COM	512807108	203,787	317	SH		DFND	3	317	0	0
LAM RESEARCH CORP	COM	512807108	176,787	275	SH		SOLE		275	0	0
LI AUTO INC	SPONSORED ADS	50202M102	6,925,476	197,307	SH		DFND	3	197,307	0	0
LI AUTO INC	SPONSORED ADS	50202M102	154,510	4,402	SH		SOLE		4,402	0	0
LILLY ELI & CO	COM	532457108	272,946	582	SH		DFND	3	582	0	0
LINDE PLC	SHS	G54950103	29,986,423	78,688	SH		DFND	3	78,688	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	4,930,445	53,691	SH		DFND	3	53,691	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	1,010	11	SH		SOLE		11	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	1,305,756	3,320	SH		DFND	3	3,320	0	0
MCDONALDS CORP	COM	580135101	2,441,889	8,183	SH		DFND	3	8,183	0	0
MCGRATH RENTCORP	COM	580589109	498,837	5,394	SH		DFND	3	5,394	0	0
MERCK & CO INC	COM	58933Y105	276,936	2,400	SH		DFND	3	2,400	0	0
META PLATFORMS INC	CL A	30303M102	968,844	3,376	SH		DFND	3	3,376	0	0
META PLATFORMS INC	CL A	30303M102	497,623	1,734	SH		SOLE		1,734	0	0
MFA FINL INC	NOTE 6.250% 6/1	55272XAA0	14,793,750	15,000,000	PRN		SOLE		15,000,000	0	0
MICRON TECHNOLOGY INC	COM	595112103	127,924	2,027	SH		DFND	3	2,027	0	0
MICRON TECHNOLOGY INC	COM	595112103	141,177	2,237	SH		SOLE		2,237	0	0
MICROSOFT CORP	COM	594918104	7,063,140	20,741	SH		DFND	3	20,741	0	0
MICROSOFT CORP	COM	594918104	596,286	1,751	SH		SOLE		1,751	0	0
MONDELEZ INTL INC	CL A	609207105	216,924	2,974	SH		DFND	3	2,974	0	0
NETFLIX INC	COM	64110L106	277,949	631	SH		DFND	3	631	0	0
NUCOR CORP	COM	670346105	5,825,389	35,525	SH		DFND	3	35,525	0	0
NUTRIEN LTD	COM	67077M108	8,873,562	150,272	SH		DFND	3	150,272	0	0
NUTRIEN LTD	COM	67077M108	14,919,927	252,666	SH		DFND	_	252,666	0	0
NVIDIA CORPORATION	COM	67066G104	1,230,988	2,910	SH		DFND	3	2,910	0	0
NVIDIA CORPORATION	COM	67066G104	427,673	1,011	SH		SOLE		1,011	0	0
ORBITAL INFRASTRUCTURE GRP I	COM	68559A208	224,704	105,002	SH		SOLE		105,002	0	0
PDD HOLDINGS INC	SPONSORED ADS	722304102	35,686,196	516,144	SH		DFND	1	516,144	0	0
PDD HOLDINGS INC	SPONSORED ADS	722304102	124,245	1,797	SH		DFND	3	1,797	0	0
PENNYMAC CORP	NOTE 5.500%11/0	70932AAD5	16,490,000	17,000,000	PRN		SOLE		17,000,000	0	0
PEPSICO INC	COM	713448108	1,185,408	6,400	SH		DFND	3	6,400	0	0
PETROLEO BRASILEIRO SA PETRO	SP ADR NON VTG	71654V101	10,375,201	838,739	SH		DFND	3	838,739	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	2,959,800	214,013	SH		DFND	3	214,013	0	0
PROCTER AND GAMBLE CO	COM	742718109	575,246	3,791	SH		DFND	3	3,791	0	0
QUALCOMM INC	COM	747525103	220,819	1,855	SH		DFND	3	1,855	0	0
QUALCOMM INC	COM	747525103	119,040	1,000	SH		SOLE		1,000	0	0
SALESFORCE INC	COM	79466L302	261,540	1,238	SH		DFND	3	1,238	0	0
SALESFORCE INC	COM	79466L302	186,754	884	SH		SOLE		884	0	0
SEA LTD	SPONSORD ADS	81141R100	267,913	4,616	SH		DFND	1	4,616	0	0
SEA LTD	SPONSORD ADS	81141R100	24,518,418	422,440	SH		DFND	3	422,440	0	0
SENDAS DISTRIBUIDORA S A	SPON ADS	81689T104	3,832,210	265,941	SH		DFND	3	265,941	0	0
SHERWIN WILLIAMS CO	COM	824348106	8,018,173	30,198	SH		DFND	3	30,198	0	0
SOCIEDAD QUIMICA Y MINERA DE	SPON ADR SER B	833635105	6,363,545	87,628	SH		DFND	3	87,628	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	699,053	1,577	SH		DFND	3	1,577	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	11,810,752	26,644	SH		DFND	4	26,644	0	0
SPDR SER TR	BBG CONV SEC ETF	78464A359	2,875,784	41,112	SH		DFND	4	41,112	0	0
STRYKER CORPORATION	COM	863667101	569,908	1,868	SH		DFND	3	1,868	0	0
SUNCOR ENERGY INC NEW	COM	867224107	1,439,788	49,106	SH		DFND	3	49,106	0	0
SUNCOR ENERGY INC NEW	COM	867224107	49,449,441	1,686,543	SH		DFND	_	1,686,543	0	0
SYNOPSYS INC	COM	871607107	158,925	365	SH		DFND	3	365	0	0
SYNOPSYS INC	COM	871607107	174,164	400	SH		SOLE		400	0	0
TAKE-TWO INTERACTIVE SOFTWAR	COM	874054109	413,667	2,811	SH		DFND	3	2,811	0	0
TAKE-TWO INTERACTIVE SOFTWAR	COM	874054109	93,594	636	SH		SOLE		636	0	0
TDCX INC	ADS	87190U100	3,426,746	433,217	SH		DFND	3	433,217	0	0
TESLA INC	COM	88160R101	763,060	2,915	SH		DFND	3	2,915	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	1,149,937	2,204	SH		DFND	3	2,204	0	0
TJX COS INC NEW	COM	872540109	1,599,309	18,862	SH		DFND	3	18,862	0	0
TRACTOR SUPPLY CO	COM	892356106	12,009,046	54,315	SH		DFND	3	54,315	0	0
UNITED RENTALS INC	COM	911363109	840,859	1,888	SH		DFND	3	1,888	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	3,537,510	7,360	SH		DFND	3	7,360	0	0
UPSTART HLDGS INC	NOTE 0.250% 8/1	91680MAB3	1,375,740	2,000,000	PRN		SOLE		2,000,000	0	0
VALARIS LIMITED	CL A	G9460G101	1,248,217	19,835	SH		SOLE		19,835	0	0
VALE S A	SPONSORED ADS	91912E105	6,484,880	483,225	SH		DFND	3	483,225	0	0
VANECK ETF TRUST	BDC INCOME ETF	92189F411	1,391,555	90,596	SH		DFND	3	90,596	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	1,296,429	13,368	SH		DFND	3	13,368	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	70,887,240	730,947	SH		DFND	4	730,947	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,132,368	27,836	SH		DFND	4	27,836	0	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	4,718,612	62,366	SH		DFND	4	62,366	0	0
VANGUARD SCOTTSDALE FDS	INTER TERM TREAS	92206C706	2,512,173	42,826	SH		DFND	4	42,826	0	0
VANGUARD SCOTTSDALE FDS	LG-TERM COR BD	92206C813	901,458	11,485	SH		DFND	3	11,485	0	0
VANGUARD SCOTTSDALE FDS	LG-TERM COR BD	92206C813	14,089,269	179,504	SH		DFND	4	179,504	0	0
VANGUARD WORLD FDS	INF TECH ETF	92204A702	1,051,456	2,378	SH		DFND	3	2,378	0	0
VANGUARD WORLD FDS	INF TECH ETF	92204A702	5,806,887	13,133	SH		DFND	4	13,133	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	260,061	739	SH		DFND	3	739	0	0
VISA INC	COM CL A	92826C839	1,110,219	4,675	SH		DFND	3	4,675	0	0
VISA INC	COM CL A	92826C839	249,117	1,049	SH		SOLE		1,049	0	0
WALMART INC	COM	931142103	373,303	2,375	SH		DFND	3	2,375	0	0
WEATHERFORD INTL PLC	ORD SHS	G48833118	1,784,108	26,861	SH		SOLE		26,861	0	0
WEST PHARMACEUTICAL SVSC INC	COM	955306105	206,916	541	SH		DFND	3	541	0	0
WILLSCOT MOBIL MINI HLDNG CO	COM CL A	971378104	696,874	14,582	SH		DFND	3	14,582	0	0
WISDOMTREE TR	EMER MKT HIGH FD	97717W315	19,831,667	518,204	SH		DFND	4	518,204	0	0
YANDEX N V	SHS CLASS A	N97284108	0	1,002,695	SH		DFND	3	1,002,695	0	0
YUM CHINA HLDGS INC	COM	98850P109	9,550,421	169,034	SH		DFND	3	169,034	0	0
YUM CHINA HLDGS INC	COM	98850P109	191,987	3,398	SH		SOLE		3,398	0	0
YUM CHINA HLDGS INC	COM	98850P109	16,079,448	284,592	SH		DFND	_	284,592	0	0
ZOETIS INC	CL A	98978V103	485,116	2,817	SH		DFND	3	2,817	0	0
ZTO EXPRESS CAYMAN INC	SPONSORED ADS A	98980A105	5,464,681	217,890	SH		DFND	1	217,890	0	0
ZTO EXPRESS CAYMAN INC	SPONSORED ADS A	98980A105	36,216	1,444	SH		DFND	3	1,444	0	0
BARINGS PARTN INVS TRUST	COM	05616B100	1,851,345	143,404	SH		SOLE		143,404	0	0
BARINGS CORPORATE INVS	COM	05617K109	3,272,993	219,664	SH		SOLE		219,664	0	0
BARINGS BDC, INC.	COM	06759L103	106,935,099	13,639,681	SH		SOLE		13,639,681	0	0
BARINGS GLOBAL SHORT DURATION	COM	06760L100	154,308	11,833	SH		SOLE		11,833	0	0