RBC: GARS outflows set to reach £12bn in 2018
Record monthly withdrawals
SLI GARS saw £1.8bn of outflows in September
Outflows from the Standard Life Investments Global Absolute Return Strategies (GARS) fund rose 44% in one month as investors pulled £1.8bn out during September.
According to a research note from RBC, outflows during September were 44% higher than in August when GARS lost £1.2bn, marking a new record for the fund's the highest monthly outflow. RBC estimated...
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