Adviser interest in Standard Life GARS at six-year low
As 2017 comes to an end, FE has listed the funds that advisers have favoured and shunned over the past year.
As 2017 comes to an end, FE has listed the funds that advisers have favoured and shunned over the past year.
Terry Smith’s £8.7bn global equity fund Fundsmith Equity snagged the top spot in Tilney Bestinvests list of the most selected funds of 2016, edging Neil Woodford’s equity income fund into second place.
The team behind Standard Life Investments’ Global Absolute Return Strategies (GARS) has taken a bullish position in US equities and the dollar, yet is diversifying its exposure to face three possible recovery scenarios.
Standard Life shares were trading 4.4% higher at 332.6p despite Standard Life Investments’ highly popular Global Absolute Return Strategies fund reportedly seeing its first quarterly outflows.
Standard Life Investments reported total third party net inflows of £5.3bn in the nine months to end September, boosting total third party assets under administration to £168.6bn at the end of the period.
Markets at summer’s end were as volatile as the seasonal British weather. But how can investors prepare themselves for even stormier times?
Defaqto has singled out ‘mandate fulfilment’ and ‘tail risk’ in its new Diamond Rating for absolute return funds, but investors still face a tough task in finding a strategy with the right cut for their needs.
Morningstar has raised concerns about the size of Standard Life Investments Global Absolute Return Strategies Fund.
The new CEO at Aviva Investors takes on board former GARS colleague, Ian Pizer as senior fund manager.
Standard Life Investments calls its new Global Focused Strategies fund an “advanced fusion” of macro and micro capabilities, which makes it sound a bit like one of those new-fangled shampoos. But will it deliver a clean sweep for the group’s absolute return capabilities?
Targeting a higher return of cash, the new fund is available for institutional investors.
A month after joining Aviva Investors, the Standard Life GARS creator Euan Munro is planning the launch of a similar product.