DART managers using a range of instruments in global macro play

L&G Diversified Absolute Return co-manager Ben Gill expects more groups to enter the global macro space

Ben Gill and David North have just passed the first anniversary of managing the £342m L&G Diversified Absolute Return (DART) fund. The vehicle, which sits in the IMA Absolute Return sector, is 9.9% higher over one year to 16 November, according to Trustnet. With more than 45 years' of combined experience of investment management, the managers use a global macro approach in DART fund. DART aims to provide a positive return in all market conditions and capital growth over the long term. It invests primarily in derivatives to gain exposure to a wide range of assets across all markets ...