Kames Capital is to waive the performance fee on its £65m UK Equity Absolute Return fund for the rest of the year, and will cut it in half from 2013 onwards.
Schroders is launching a strategic bond fund for former GLG fixed income star Gareth Isaac and head of global macro Bob Jolly.
Equity funds experienced their highest ever outflows of retail money in November as investors pulled out their cash in droves amid the ongoing eurozone crisis.
Update from Kames Capital's Colin Finlayson and Stephen Snowden, Investment Managers, Fixed Income
Update from Kames Capital's Stephen Snowden, Investment Manager, Fixed Income
Update from Kames Capital's Colin Finlayson, Investment Manager, Fixed Income
Ian Aylward, senior portfolio manager at Aviva Investors, reveals what you need to consider before allocating a portion of client assets to absolute return funds.
Nationals round-up: More coverage of trail commission, a negative analysis of the flailing absolute returns market and new criticism of whole of life policies.