How to raise standards in the absolute return sector

Simon Ellis, managing director of Legal & General Investments, outlines his views on the future of categorising absolute return funds.

The absolute return sector has seen its fair share of coverage of late, in part due to the ongoing IMA sector review concerning the future of the sector. Although originally intended to be concluded by the end of 2011, establishing an agreeable course of action within the industry has been challenging. Absolute return strategies are still reasonably new to the retail market, however the current economic climate has increased the appetite for alternative investments and made such products an attractive proposition for investors looking for the opportunity to increase diversification and t...