Dispelling the myth:Making investment an absolute certainty

Absolute return investing has a certain mythical status attached to it; making a positive return whe...

Absolute return investing has a certain mythical status attached to it; making a positive return whether the markets go up or down certainly is an attractive concept. As more funds and products adopt the wider investment powers of the Ucits III Directive, there has been a plethora of new fund launches to the extent that, in the UK at least, the IMA has introduced a whole new sector to cover these vehicles. Traditional hedge funds and their younger more retail-focused cousins launching into the Absolute Return sector share many of the same investment principles. Hedge fund strategies broad...