Kames expands absolute return bond range with double launch

Kames Capital has launched two new absolute return bond funds to provide investors with more options as its flagship fund nears capacity.

The new Kames Absolute Return Bond Global fund will be co-managed by John McNeill, Sandra Holdsworth, Nicholas Chatters and Paul Dilworth. Its aim is to outperform three-month LIBOR by 2.5% a year net of fees over a 36-month rolling period. The Kames Absolute Return Bond Constrained fund will be co-managed by Euan McNeil and James Lynch, and supported by Paul Dilworth. It aims to outperform one-month EURIBOR by 1% a year net of fees over 36 months. The launches follow the group's decision in February to stop marketing its flaghsip Absoute Return Bond fund, as it nears capacity at the ...