Absolute returns is the future, says Gartmore CIO Rossi

The group will be bringing a UCITs III version of its AlphaGen Octanis hedge fund to the retail market as part of its strategy to meet investor demands. Rossi says absolute return is a phrase that has yet to be truly defined for the market, an area of debate that Gartmore intends to pursue in coming months, while it increases its range of absolute return vehicles. He says: "Absolute return is the way forward. We were told back in the bear market of 2003, 'wait until the bull market, investors will return', but the fact is they didn't, not in the numbers seen in the 1990s. As an industry...