IMA Absolute Return sector is second best net seller of 2009

Net sales for IMA Absolute Return sector have reached a total of £2.55bn since its launch in April 2008

Demand for absolute return funds increased significantly in 2009 with the sector becoming second-best net selling in the IMA last year. Net retail sales for the IMA Absolute Return sector totalled £2.55bn, despite the sector only being launched in April 2008. Avoid comparisons The IMA warns comparisons between funds should be avoided because of the diverse nature of the vehicles populating the sector, including different benchmarks, risk characteristics and timeframe for delivering performance. Of the 29 funds with more than a one-year track record, 26 can claim a positive total ...