Which absolute return funds held up during a turbulent 2015?

Tough period for markets

Investment Week takes a closer look at the performance of absolute return funds in 2015; a year when investors flocked to the sector amid heightened volatility across global markets.

The IA Targeted Absolute Return sector was frequently at the top of the retail sales charts last year, as investors searched for protection from turmoil in world markets. This included the sharp sell-off in Chinese equities in August, dubbed 'Black Monday', which caused a shockwave in global markets, with £96bn wiped off the FTSE 100 alone on 24 August. Some absolute return products managed to weather the storm, but others suffered during the period. Overall, some 25 out of 83 funds in the category posted negative returns for 2015. Some of the worst hit funds in the sector included...