Only a third posted positive returns
The sudden market falls seen in the six weeks to mid-October took many by surprise. Here we identify ten equity funds in the Targeted Absolute Return sector which produced positive performance over the period.
The long and short investment strategies for emerging markets
As the latest figures from the IMA show Absolute Return funds have seen their highest retail sales for over four years, Standard Life Investments' phenomenally successful GARS fund is starting to face more competition from peers.
Political uncertainty in the US has caused the dollar to weaken, forcing many investors to reverse their long positions in the currency to a more neutral stance.
Albemarle Street Partners has highlighted seven funds in the IMA Targeted Absolute Return sector which could outperform, according to its recently launched screening tool ‘Alpha Quest'.
A sharp pull-back in the value of the dollar versus a basket of other currencies late last week has failed to dent support for the greenback, and managers expect to see gains as the US continues to recover.
BNY Mellon and Insight are set to merge a raft of funds into newly created vehicles in preparation for the world post-RDR.