The investment story of 2008 so far has clearly been BlackRock's UK Absolute Alpha, which recently e...
The investment story of 2008 so far has clearly been BlackRock's UK Absolute Alpha, which recently exceeded the £1.5bn under management mark. This fund has caught the investing public's imagination against a tough background and manager Mark Lyttleton has delivered on performance promises so far. Its success is evident from the fact so many similar products are emerging, with every group keen to snatch part of this so-called Lyttleton space. But anything that takes in so much money so quickly always sets alarm bells ringing. Remember the huge sums of money that sloshed into a couple...
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