We use cookies to track usage and preferences. See Cookie Policy
Pocketmags Digital Magazines
CA
Pocketmags Digital Magazines
   You are currently viewing the Canada version of the site.
Would you like to switch to your local site?
Digital Subscriptions > Portfolio Adviser > Portfolio Adviser April 2017 > HITTING THE TARGET

HITTING THE TARGET

The knives are out for underper forming absolute return funds, but are larger strategies really the victims of their own success?

Investment strategies Absolute return

Of all the peer groups in the Investment Association (IA), the Targeted Absolute Return sector is the one that seems to attract all the wrong headlines. Launched in April 2008 as Absolute Return, the sector redefined and renamed as Targeted Absolute Return in June 2013, following a review.

According to the IA, the reason for this was to make sure consumers did not perceive there to be an implicit guarantee of positive returns owing to the name of the sector. Adding the ‘targeted’ cleared any potential confusion, it said.

However, despite the negative attention the market attracts, for the four consecutive months to the end of January 2017 it was the top-performing retail sector. In fact, in 2016 it topped the charts as the bestselling sector, as investors de-risked their portfolios amid economic uncertainty.

Peter Lowman, chief investment officer, Investment Quorum
READ MORE
Purchase options below
Find the complete article and many more in this issue of Portfolio Adviser - Portfolio Adviser April 2017
If you own the issue, Login to read the full article now.
Single Issue - Portfolio Adviser April 2017
FREE

View Issues

About Portfolio Adviser

In light of the Standard Life/Aberdeen deal, we ask who is the next asset manager in line for M&A, and what this means for investors. We also consider why critics continue to take aim at absolute return, and discuss the best way to invest in property, trusts or open-ended funds.
Ways to Pay Pocketmags Payment Types
At Pocketmags you get Secure Billing Great Offers HTML Reader Gifting options Loyalty Points