Nash, who is head of global bonds, said: “Absolute return funds continue to grow in popularity as investors aim to generate consistent returns in today’s uncertain and low-yielding markets.
“The Old Mutual Strategic Absolute Return Bond Fund aims to meet investors’ appetite for stable returns, uncorrelated to market conditions.
“The opportunity to create returns from fixed income and FX is strong given the huge changes in markets, macroeconomics and geopolitics and the outlook for great volatility disrupting current investment models.
“We will seek to take advantage of these opportunities via a diversified portfolio of best ideas from across the global fixed income and currency universe.
“Further, we believe our fund will stand out from others in the sector by avoiding the crowding risk associated with adopting a persistent investment theme.”
