Analyst warns investors to watch inflows into strategy
Standard Life Investments' Global Absolute Return Strategies fund has suffered its first quarterly loss since mid-2013 in the three months to 30 June after it was caught up in the market volatility seen in the second quarter.
Neuberger Berman's Jon Jonsson (pictured), senior portfolio manager of the $155m Global Bond Absolute Return fund explains why he has not reduced his short position in German bunds despite the recent sell-off.
With market volatility on the increase, Investment Week asked six fund selectors for their absolute return recommendations.
Odey Asset Management has blasted a bid for trading platform Plus500, the second largest holding on James Hanbury's CF Odey Absolute Return fund, calling the move "opportunistic".
Sales of absolute return and short-term money market funds jumped in April, according to the Investment Association, as investors adopted a more cautious approach.
Our key calls over the past year
The UK retail version of Standard Life Investments' flagship Global Absolute Return Strategies (GARS) fund has reached £25bn in assets for the first time.
The manager of the top fund in the Investment Association Targeted Absolute Return sector in 2014 is short resources companies and long annuity providers as his conviction positions this quarter.
Register now for IW event