SLI GARS sees Q4 turnaround after two negative quarters

Helped by European and Japanese equities

Laura Dew
clock • 2 min read

Standard Life Investments' GARS fund has returned to positive territory after two quarters of underperformance.

In a quarterly update for investors, manager Adam Rudd, who sits in the multi-asset team alongside lead manager Guy Stern (pictured), said the fund returned 1.9% over the fourth quarter of 2015.  The return to outperformance will be good news for investors after the £26bn fund lost money in both the second and third quarter. The fund fell 1.5% in Q2, its first quarterly loss for two years, and then a further 1.7% in Q3 due to the slowdown in China, a sharp fall in commodities and the failure of the Federal Reserve to raise interest rates in September. However, in the last quarter o...

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