View more on these topics

Standard’s global absolute returns fund opens to retail investors

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

The unit trust 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 an additional 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.

Standard Life Investments 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 for Standard Life Investments’ retail offering.”


IFAs face struggle to meet money guidance demand

The Government’s proposed money guidance service could put a strain on advisers who do not have the time or resources to deal with large numbers of clients needing full advice, warns pension expert Steve Bee.

Rocky mountain high

Investors in US funds may have been tempted to cut their losses and run recently but those funds which can diversify into Canada have fared well.

Investment matters

Even the most conservative of UK balanced pooled pension funds lost money in the opening quarter of this year.


News and expert analysis straight to your inbox

Sign up


    Leave a comment