The Standard Life Investments' GARS team have described a "quarter of two halves" as the fund struggled to bounce back from underperformance at the start of the year.
The £26bn Global Absolute Return Strategies fund was down 3.3% during the three months to 31 March according to FE. Over the past year, the fund is down 4.8% accroding to FE versus losses of 0.7% by the...
Latest edition of the print magazine online
Four-part Big Question special
Focus on UK equities
Trading at $80.1 a barrel
Latest news and analysis