Head of UK retail at BlackRock, Tony Stenning, looks at the evolution of the absolute return sector a decade since its launch.
The absolute return sector has received much attention recently, largely due to the Investment Management Association’s (IMA) decision to review the sector as a result of investor disquiet about the way the funds are structured and sold. The IMA has put forward plans to incorporate absolute return funds into the revised sectors for the managed sector, which will be categorised by risk profile into four separate areas. The absolute beginning The absolute return investment sector was developed in the wake of the introduction of UCITS III, as investors demanded outcome-orientated strat...
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