Against the backdrop of the credit crunch, absolute return funds have come the fore, but the investment strategies used are not a new phenomenon and have been around for six decades
Skandia has removed George Luckraft from its Strategic Best Ideas fund following the news Axa Framlington is to close its Absolute Return UK fund.
BlackRock's Mark Lyttleton is taking his most bullish stance in over two years, increasing his long exposure on UK Absolute Alpha to its highest since 2007.
Gartmore CIO Dominic Rossi is calling the end to the dominance of beta-focused funds in the market as investor demand for less volatile investments sees the market trend to absolute returns.
Managers of 130/30 funds have defended the future of the strategy despite a number of underperforming vehicles losing half their value in 2008.
Liontrust is set to join the raft of fund houses rolling out long/short offerings this year with the launch of a European Absolute Return fund in the autumn.
Legal & General is set to launch into the Absolute Return Sector with the Diversified Absolute Return Trust (DART) on November 10.
Providers are backing out of launching absolute return funds, claiming market conditions and the ban on short selling have made conditions unfavourable. Resolution is the latest fund house to admit it will not be proceeding with a launch. It had lined...
A duo of BlackRock funds is dominating both the burgeoning IMA Absolute Return sector and the ailing IMA Specialist sector.
Gartmore has postponed the launch of its European Absolute Return fund just three days before its offer period was to begin.