Deep Dive: Absolute return landscape in the UK ripe for disruption

UK industry criticism is deserved

Cormac Nevin of YOU Asset Management dives into the absolute return industry.

'Absolute return' products offered in the UK market have come under sustained criticism in recent years, leading to significant outflows from some of the most popular strategies. We think this criticism is richly deserved.  I refer to these strategies in quotation marks, as the core issue is that the vast majority of strategies in sectors such as the Investment Association's Targeted Absolute Return (IA TAR) basket produce a return profile that can in no way be described as absolute return.  Deep Dive: Absolute return managers adjust to the 'pandemic paradigm' There are two princip...