Eight in 10 absolute return funds lost money in August, says Fitch

clock

EUROPE - Scepticism some European allocators feel about the ability of ‘absolute return' funds to achieve their aims has been vindicated so far this month as almost eight in every 10 European funds in the sector lost money in the volatile first three weeks.

The 2.5% average loss from European absolute return funds by 19 August was far less severe than double-digit falls seen on some European share markets. But it still raises questions about whethe...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Europe

Industry Voice: The European bond market is modernising

Industry Voice: The European bond market is modernising

Justin Wheeler, Head of iShares UK Asset Owner Distribution, BlackRock.
clock 16 December 2021 • 7 min read

Industry Voice: The eurozone's recovery will take a break this winter

The currency union faces four possible growth scenarios

Tomasz Wieladek, T.Rowe Price International Economist
clock 20 November 2020 • 4 min read

Interview: The new boy in Brussels

Michael Bow talks to Matti Leppälä

clock 08 December 2011 •
Trustpilot