Square Mile's Hovenden: Two-thirds of AR funds have failed investors

Knock-on effect of pandemic

Lauren Mason
clock • 1 min read

Some 28 funds out of 120 in the IA Targeted Absolute Return sector lost investors more than 10% during the first quarter of 2020, according to Square Mile's Charles Hovenden, who warned "this is not in line with what absolute return investing sets out to do".

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