Even though it leads the way in the absolute return fund space in terms of its size and, arguably, its long-term return profile it is criticised for being too complex, for being the next mis-selling scandal and for being LTCM in disguise.
On the whole, absolute return funds that promise ‘little and often’ (i.e. positive returns) over a pre-defined cycle are still very much on an investor’s agenda as they remain risk averse when it comes to investing their hard-earned cash.
The latest Portfolio Adviser Expert Investor Absolute Return event discussed all of this in great detail, with Coutts & Co’s Alan Higgins delivering the keynote speech that questioned whether delivering positive returns in all market conditions is even a realistic aim.
Click here to view the Gallery of the event.
