Absolute returns need to prove worth

While absolute return funds use different approaches to get their results, most are all seeking to b...

While absolute return funds use different approaches to get their results, most are all seeking to beat cash by a certain amount. The fact Investment Week research showed a 24% range of performance across these products over the past year shows there might be a few disappointed investors if they are expecting actual absolute returns. As ever, it should be remembered these are designed to be long-term investments and any judgements over short time periods can only have limited value. But investors have proved themselves increasingly short-termist in recent times, with billions pouring ...