One to Watch: SVS Church House Tenax Absolute Return Strategies

SVS Church House Tenax Absolute Return Strategies

This year has been the year that many investors have come back down to earth. After double-digit returns across the majority of equity markets in both 2012 and 2013, 2014 looks set to be relatively flat, in light of geopolitical tensions and worries over the end of QE.

It has not, however, been the capitulation the bears predicted. This, they say, will come next year, with the threat of rising interest rates seen as a possible catalyst for a 1994-style double crash in equities and bonds. If it indeed turns out to be a turbulent year, a fund with a proven ability to protect against the downside will be high in demand. The IMA Targeted Absolute Return sector has had a lot of bad press, but there are undoubtedly some very useful funds for low-risk investors, or those looking for diversification. The bulk of money is in a handful of products - namely Stand...