Investment Pulse: Absolute return sector highlighted as least likely to offer buylist ideas

General outlook also improved

Fund selectors have identified the under-fire absolute return sector as the area where they struggle the most to find consistently strong performers that could be added to buylists, according to the latest Investment Pulse survey.

As fund groups gear up for a traditionally busy period for fund launches, over 40% of Investment Week readers surveyed indicated the absolute return sector lacked stellar products that could be added to fund panels or reserve lists. The Investment Association's Targeted Absolute Return sector, which houses 115 funds with a range of different performance objectives, has been a concern for investors for some time and was flagged up again in the FCA's Asset Management Market Study. IW's podcast on absolute return funds: Performance issues, charges and FCA scrutiny Indeed, one IW reade...