Argonaut CEO, Barry Norris, argues many funds within the IA Targeted Absolute Return sector are failing to deliver on both their risk/return and diversification aims.
Further volatility expected
Cash levels increased
The managers of the Ruffer investment company have warned that markets and banks are unprepared for a future crisis, while investors are facing higher risks than ever before as liquidity dries up.
Wealth managers are being trapped in the tricky position of responding to nervous clients' demands to hike cash weightings in portfolios, while at the same time trying to meet their growing income requirements.
How we are negotiating central bank challenges
The upgrade of two major frontier markets to emerging market status led to a significant increase in turnover for the HSBC Frontier Markets fund last year.
Sales of absolute return and short-term money market funds jumped in April, according to the Investment Association, as investors adopted a more cautious approach.
Investment managers across the asset class spectrum have been raising cash allocations on fears of an equity market correction and a fresh bond market ‘taper tantrum'.
Royal London Asset Management (RLAM) has added a new cash fund to its range in a bid to capitalise on the success of its Cash Plus fund.