Measured against cash, all onshore absolute return funds should have had a decent three-year run as stock markets have risen on the back of global demand and interest rate rises. Those with a focus on bonds have had a harder time, but is it too early...
While many managers have had Ucits III powers for years, intermediaries and direct investors have only a handful of onshore funds to select from when looking for vehicles that combine traditional assets with more adventurous, modern tools. The promise...