View more on these topics

Standard absolute fund goes retail

Standard Life Investments is making its global absolute return strategies fund available to retail investors.

It will provide retail investors with access to an absolute return fund that uses the same investment techniques available to its institutional investors.

The fund seeks to provide investors with consistent, investment returns over the medium to long term in a variety of market conditions.

The benchmark for the fund is UK six-month sterling Libor, with the fund aiming to out-perform by 5 per cent a year gross of fees, over a rolling three-year period.

The Gars fund is designed to exploit inefficiencies across markets and to maximise risk-adjusted returns from across the globe.

It invests a combination of traditional investments such as equities, bonds and foreign exchange with further strategies of relative value, duration, credit spreads, inflation and volatility strategies.

 The fund intends to make the unit trust available on a wide variety of fund platforms which initially will include Standard Life Wrap and FundZone.Head of mutual fund investments Jacqueline Kerr says: “Since its launch in June 2006, this fund has delivered a gross annual return of 9.8 per cent despite extensive market volatility and considerable fund growth. This is an exciting development.”

Recommended

Skipton BS withdraws SVR

Skipton Building Society is withdrawing its standard variable rate for new business with immediate effect.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com