Where has SLI GARS generated returns since inception?

Tough period for fund

Although it recorded one of its worst quarterly performances in Q1, in what was described as a "quarter of two halves" by the fund's management team, Jeremy Beckwith analyses what the key drivers for SLI's £26bn Global Absolute Return Strategies fund have been over the long term

SLI Global Absolute Return Strategies (GARS) started life as a retail fund in May 2008, although it was launched by Standard Life in the summer of 2006. Since inception, the team has sought to generate returns from a variety of sources, using both traditional investments in equities, bonds and real estate, as well as currencies, interest rates and volatility. SLI mulls diversified income fund for GARS team It has primarily distinguished between four types of return: market beta, security selection, relative value and directional, with the first two labelled in their marketing as 't...