This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.

Ignis aiming to add fixed-income fund to absolute return range

  • Print
  • Comment

Ignis Asset Management is planning to expand its range of abso-lute return products with a second fixed-income fund.

Speaking to Money Marketing, sales and marketing director Jonathan Polin says: “We are looking to expand our absolute return suite in the fixed-income area, with something like a global absolute return fund. Absolute return will become more popular. Investors are concerned with limiting outside risks, they are more cautious than they were a few years ago and are more concerned about sovereign debt.”

Ignis has two funds in the absolute return sector - the absolute return government bond fund, which launched in March, and the £7m Argonaut European absolute return fund which launched two years ago.

Earlier this month, Money Marketing revealed Ignis is considering the launch of a higher-risk absolute return fund.

Whitechurch Securities managing director Gavin Haynes says: “There is a place for absolute return as part of a diversified portfolio and the absolute return area will continue to evolve.

“Fixed interest is interesting for absolute return managers at the moment as we are coming to the end of a bull market in bonds, so managers can make use of sophisticated strategies to capitalise on when the asset class is not doing well.”

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your sayEdit my profile/screen name

You must sign in to make a comment

Fund Data

Editor's Pick


Do you see the value in adviser trade bodies?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments