Threadneedle has launched a Dynamic Real Return fund for head of multi-asset Toby Nangle, aiming to deliver equity-like returns with no more than two-thirds of the volatility.
The Absolute Return sector has topped the IMA's monthly sales charts for March, posting its best monthly net sales since December 2009.
The Absolute Return sector - soon to be renamed Targeted Absolute Return - has often divided investors, particularly during down markets when some funds have failed to deliver a positive return.
Kames Capital is to remove the performance fee on its Kames UK Equity Absolute Return fun, managed by David Griffiths and David Pringle, after reaching £100m in size.
The Investment Management Association (IMA) will rename the Absolute Return sector as the Targeted Absolute Return sector as it completes a long-awaited review of the space, Investment Week can reveal.
The IMA expects to announce the results of its Absolute Return sector review by the end of February.
The Investment Management Association (IMA) has criticised FSA proposals aiming to clarify the definition of absolute return funds, warning it risks putting UK-authorised funds at a disadvantage.
Today's censure of Capita Financial Managers (CFM) by the FSA is a damning indictment of the firm's failings - and a vindication of advisers' pleas.