Swip managers get behind absolute return bonds

Scottish Widows Investment Partnership (Swip) believes absolute return bond funds can provide invest...

Scottish Widows Investment Partnership (Swip) believes absolute return bond funds can provide investors with a decent positive return in exchange for a low level of risk in tougher market conditions. The group's head of bond product, Gareth Quantrill, will be taking part in the Investment Update roadshow programme in May, highlighting the investment opportunity and how Swip runs its Absolute Return Bond fund. Tony Maddock, head of retail at Swip, said: "There are a handful of these funds in the market and the majority of them have failed to deliver Libor plus returns. We have a track re...