Absolute Return

Standard Life Investments' £8.7bn Global Absolute Return Strategies fund took profits in one of its major trades amid elevated market volatility over the summer.

Jupiter is to rename its Jupiter European Absolute Return fund as it merges with the Jupiter Europa hedge fund.

Thames River is to close its Absolute Return fund, managed by Ken Kinsey-Quick and James Rous, because of a lack of interest.

Philip Gibbs effectively sold out of his gold positions within the Jupiter Absolute Return fund in September, a month which saw the precious metal lose 15% of its value.

Henderson is to soft-close Ben Wallace and Luke Newman's Henderson UK Absolute Return OEIC and Henderson Gartmore UK Absolute Return SICAV.

Three absolute return funds were among a raft of launches seen last week despite the IMA reporting the highest outflows on record from the sector in August.

Hugh Hendry's ‘miserable' outlook for the world economy has driven his CF Eclectica Absolute Macro fund to return 4.76% during the last two months of market upheaval.

BlackRock has launched an Absolute Return Bond fund for Ian Winship, targeting positive performance above cash in all market environments.

Fund groups have applauded Morningstar's move to scrap its absolute return sector in favour of 18 different alternative investment categories, calling on the IMA to consider a similar move.

Legg Mason's absolute return specialist Dipankar Shewaram has left the firm to pursue other opportunities.