Absolute Return

Aviva Investors has appointed Ian Pizer from Standard Life Investments' GARS team as senior asset manager on its multi-asset team, led by Peter Fitzgerald.

BNY Mellon has moved to soft-close two of its popular absolute return vehicles - including an Insight product - after inflows soared in recent months.

New money pouring into the absolute return sector may not provide the protection investors are seeking, as data shows near-record correlations with long-only equity funds.

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Alken Asset Management has soft-closed Nicholas Walewski's Absolute Return Europe fund after the strategy experienced significant inflows.

UK investors put the most money into Absolute Return funds for over four years in January, as retail investors re-evaluated their equity exposure.

Pictet Asset Management has launched an absolute return bond fund to be managed by co-head of global and regional bonds Andres Sanchez Balcazar.

Absolute return funds

Standard Life Investments has moved to stop smaller platform investors from accessing its Global Absolute Return Strategies (GARS) fund's cheaper institutional share class by closing a loophole that waived the minimum investment.

Standard Life Investments' Global Absolute Return Strategies (GARS) range has passed the £30bn mark, according to the firm.