Image:
M&G's Richard Woolnough
The Standard Life Investments Global Absolute Return Strategies (SLI GARS) fund has lost its position as the largest fund in the Investment Association universe, after seeing outflows on the back of a period of poor performance.
The absolute return fund, which was launched in 2008, once held more than £26bn in assets under management, significantly more than any other fund in the universe. At the start of 2017, it was £25.8bn...
To continue reading this article...
Join Investment week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
