Kames to launch two absolute return funds

Kames Capital has expanded its absolute return range with the launch of two new mandates for David Griffiths and David Pringle.

Launching in November, the Kames Equity Market Neutral and Equity Market Neutral Plus funds will provide investors with a wider choice of absolute strategies. The Market Neutral fund will target a return of cash plus 4%, in all market conditions, on a 36-month rolling basis, investing in between 50-100 equity positions. The fund will be managed by both Griffiths and Pringle (pictured) who already run the UK Equity Absolute Return Fund, along with Malcolm McPartlin. The Equity Market Neutral Plus fund will aim to provide a more punchy return of cash plus 8%, and will also be managed...