What's the buzz?

The youthful absolute returns sector has had a meteoric rise in popularity, but what does absolute return actually mean?

Absolute return is the buzz word of the past few years and the attention given to this strategy is growing rapidly. The IMA’s Absolute Return sector was launched just 18 months ago with 12 funds, only five of which were domiciled in the UK and just three providers were well known retail investment houses. Today there are 30 constituents in this peer group, the majority of which are based onshore and run by well-recognised retail groups. Considering this strategy is new to retail investors, although it has been available to institutional investors for many years, the question arises as to...