Absolute Insight EMD fund dropped from Adviser Centre recommended list after challenging year

Heightened difficulty in executing long and short positions

Beth Brearley
clock • 2 min read

The Absolute Insight Emerging Market Debt fund has been removed from The Adviser Centre's recommended list after the manager revealed issues with running the strategy.

The Adviser Centre said the fund's manager, Colm McDonagh, was finding it difficult to allocate the short positions associated with absolute return mandates due to "cost and efficiency issues". In a note on The Adviser Centre's website, the research firm said: "We have taken this action after discussions with the manager, Colm McDonagh, about the challenges of running an absolute return mandate in this asset class.  "In particular, he noted that the implementation of short positions can be imperfect because of cost and efficiency issues. That said, the team continues to manage the fun...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Investment

Aegon AM launches UK-domiciled global income fund

Aegon AM launches UK-domiciled global income fund

In response to client demand

clock 27 June 2025 • 1 min read
CCLA's Charlotte Ryland and Joe Hawkes: How to position for the end of the 90-day tariff pause

CCLA's Charlotte Ryland and Joe Hawkes: How to position for the end of the 90-day tariff pause

Focus on quality

Charlotte Ryland and Joe Hawkes
clock 26 June 2025 • 4 min read
Almost half of UK investors using social media for financial advice

Almost half of UK investors using social media for financial advice

Many sources 'unregulated and unverified’

Sorin Dojan
clock 23 June 2025 • 2 min read
Trustpilot