Absolute Return Briefing: What should real diversification look like in today's environment?

Diversifying portfolios

Delegates at Investment Week's Absolute Return Breakfast Briefing last month heard from a number of fund managers discussing the sector's prospects.

Chris Childs, director, multi-strategy investments, F&C Global Equity Market Neutral fund What is the fund's objective and how might it work in an investor's wider portfolio? The fund, which was launched on 13 July, is a global equity, market neutral fund. It explicitly targets a volatility of 10% and aims for an annual gross return over cash [three-month Libor] of 7%, over an investment period of three years. The fund is an alternative strategy seeking absolute returns that are uncorrelated with traditional asset classes, particularly equity. As such, the fund is a suitable building...