Update: SLI GARS sees first quarterly outflows since 2013

Fund hurt by Brexit outcome

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Update: SLI GARS sees first quarterly outflows since 2013

Standard Life Investments' Global Absolute Return Strategies fund has seen quarterly net outflows for the first time since 2013 during the second quarter of 2016, according to analysis from RBC Capital.

In its first-half results this morning, the firm saw gross redemptions from its multi-asset business, which includes the GARS fund, of £5.9bn, while equities and fixed income also suffered. An analyst...

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