RLAM to roll out absolute return government bond fund

Royal London Asset Management is to launch an absolute return fixed income fund by the end of the year as competition heats up in the space.

The Royal London Absolute Return Government Bond fund, which will be managed by head of government bonds Paul Rayner (above left) and derivatives head Darren Bustin (above right), will take long and short positions to exploit valuation differences across G10 government bond markets. Aiming to deliver absolute positive returns across the market cycle and over rolling 12-month periods, the fund will take a large number of positions in order to mitigate downside risk. The launch of the product comes at a time when other fund houses are also making moves in to the asset class. Investme...