Professional Adviser www.professionaladviser.com Market Movers: Israel-Hamas drives investors to safe haven assets <img alt="Market Movers: Israel-Hamas drives investors to safe haven assets" src="https://www.professionaladviser.com/api/v1/wps/05daaf1/9cb23db7-d841-4d16-9041-aa4ef4748cdd/27/iStock-1262967772-185x114.jpg" /> <p><!--summary start--> <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/05daaf1/9cb23db7-d841-4d16-9041-aa4ef4748cdd/27/iStock-1262967772-185x114.jpg https://www.professionaladviser.com/news/4053643/market-movers-blog https://www.professionaladviser.com/news/4053643/market-movers-blog https://www.professionaladviser.com/news/4053643/market-movers-blog Tue, 10 Oct 2023 06:31:21 +0000 Sam Liddle: Can absolute return prevent 'pound-cost ravaging' of investors' capital? <img alt="Sam Liddle: Can absolute return prevent &#39;pound-cost ravaging&#39; of investors&#39; capital?" src="https://www.professionaladviser.com/api/v1/wps/e4b2c82/25964ea8-c79e-46ab-96f5-86b1caca3194/6/liddle-sam-church-house-2016-185x114.jpeg" /> <p><!--summary start--> The absolute return sector has always had its critics and, in the case of several participants in the sector, rightly so. But in a year that looks set to challenge both equity and fixed income markets, could the strategy come back into its own? Sam Liddle looks at the issues <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/e4b2c82/25964ea8-c79e-46ab-96f5-86b1caca3194/6/liddle-sam-church-house-2016-185x114.jpeg https://www.professionaladviser.com/opinion/4045337/sam-liddle-absolute-return-prevent-pound-cost-ravaging-investors-capital https://www.professionaladviser.com/opinion/4045337/sam-liddle-absolute-return-prevent-pound-cost-ravaging-investors-capital https://www.professionaladviser.com/opinion/4045337/sam-liddle-absolute-return-prevent-pound-cost-ravaging-investors-capital Tue, 22 Feb 2022 14:50:16 +0000 Sam Liddle: Don't throw the baby out with the AR bathwater <p><!--summary start--> The absolute return sector has taken a beating recently but it is important not to tar the very diverse sector with the same brush, writes Sam Liddle, and clear distinctions must be made <!--summary end--></p> https://www.professionaladviser.com/opinion/4024399/sam-liddle-throw-baby-ar-bathwater https://www.professionaladviser.com/opinion/4024399/sam-liddle-throw-baby-ar-bathwater Tue, 8 Dec 2020 12:09:38 +0000 Polar Capital launches global absolute return fund <p><!--summary start--> Polar Capital has expanded its fund range with a long/short global absolute return fund for its Global Convertibles team, in response to investor demand. <!--summary end--></p> https://www.professionaladviser.com/news/3068690/polar-capital-launches-global-absolute-return-fund https://www.professionaladviser.com/news/3068690/polar-capital-launches-global-absolute-return-fund Wed, 2 Jan 2019 12:31:22 +0000 Rory Campbell-Lamerton: Capital preservation is key to absolute return <p><!--summary start--> Absolute return funds have been cast into the spotlight again with recent news that sentiment for the asset class has taken a turn and some funds have experienced a surge in outflows, writes Rory Campbell-Lamerton. <!--summary end--></p> https://www.professionaladviser.com/opinion/3066374/rory-campbell-lamerton-capital-preservation-key-absolute-return https://www.professionaladviser.com/opinion/3066374/rory-campbell-lamerton-capital-preservation-key-absolute-return Wed, 14 Nov 2018 13:19:42 +0000 Stephen Findlay: Uncertain times need simple investments and strategies <p><!--summary start--> The current environment should be an obvious time for investors to consider absolute return funds and yet, writes Stephen Findlay, their costs and complexity mean they are inherently a poor idea for most people <!--summary end--></p> https://www.professionaladviser.com/opinion/3065080/stephen-findlay-uncertain-times-simple-investments-strategies https://www.professionaladviser.com/opinion/3065080/stephen-findlay-uncertain-times-simple-investments-strategies Wed, 24 Oct 2018 15:33:00 +0000 Charles Hovenden: A largely untested panacea <p><!--summary start--> As Charles Hovenden points out, the challenge for investors in the IA's Targeted Absolute Return sector is that very few of its constituents have been tested in a proper bear market <!--summary end--></p> https://www.professionaladviser.com/feature/3035362/-untested-panacea https://www.professionaladviser.com/feature/3035362/-untested-panacea Thu, 12 Jul 2018 11:37:00 +0000 Sam Liddle: Countering the risk of portfolio drawdowns <p><!--summary start--> Even if they do defend capital over the longer term, not all absolute return funds have a good record of avoiding high drawdowns, warns Sam Liddle - something advisers should bear in mind when considering the sector <!--summary end--></p> https://www.professionaladviser.com/opinion/3028292/sam-liddle-countering-risk-portfolio-drawdowns https://www.professionaladviser.com/opinion/3028292/sam-liddle-countering-risk-portfolio-drawdowns Tue, 13 Mar 2018 06:00:00 +0000 Tim Sargisson: Steel yourself for another pension scandal <p><!--summary start--> Some of the stories about advice to British Steel Pension Scheme members shame financial services, says Tim Sargisson, and until such behaviour stops, the sector will always struggle to be viewed as a true 'profession' <!--summary end--></p> https://www.professionaladviser.com/ https://www.professionaladviser.com/ Mon, 18 Dec 2017 16:14:52 +0000 The Value Perspective: Three alternative tips for new (and old) investors <p><!--summary start--> With a flood of graduates starting new careers in financial services this month, Ian Kelly offers three unusual but important tips investors of all ages and experience should take on board <!--summary end--></p> https://www.professionaladviser.com/opinion/3018291/-value-perspective-alternative-tips-investors https://www.professionaladviser.com/opinion/3018291/-value-perspective-alternative-tips-investors Fri, 29 Sep 2017 05:47:11 +0000 Sam Liddle: Absolute return - the goalkeeper in your team of funds <p><!--summary start--> Absolute return funds should fulfil a specific role in a portfolio, argues Sam Liddle - and nobody expects or wants their goalkeeper rushing up the pitch to try and score <!--summary end--></p> https://www.professionaladviser.com/opinion/3007464/sam-liddle-absolute-return-goalkeeper-team-funds https://www.professionaladviser.com/opinion/3007464/sam-liddle-absolute-return-goalkeeper-team-funds Wed, 29 Mar 2017 17:15:49 +0000 FCA probes absolute return funds as part of competition study <p><!--summary start--> Absolute return vehicles are coming under scrutiny from the Financial Conduct Authority (FCA) as part of its work looking at whether asset managers are offering investors value for money. <!--summary end--></p> https://www.professionaladviser.com/news/2467903/fca-probes-absolute-return-funds-competition-study https://www.professionaladviser.com/news/2467903/fca-probes-absolute-return-funds-competition-study Mon, 15 Aug 2016 10:13:39 +0000 Sam Liddle: Active share - and what investors really want <p><!--summary start--> Active share may be a useful way of comparing funds, says Sam Liddle, but it does not necessarily reflect manager skill and paying too much attention to the idea could even introduce risks for investors <!--summary end--></p> https://www.professionaladviser.com/opinion/2465357/sam-liddle-active-share-investors https://www.professionaladviser.com/opinion/2465357/sam-liddle-active-share-investors Tue, 19 Jul 2016 16:48:36 +0000 Retail sales surpass £1bn as IA overhauls monthly data calculation <p><!--summary start--> Net retail fund sales surpassed £1bn for the first time in 2016 in April, according to the latest figures from the Investment Association (IA), as the organisation unveils a new way of calculating its monthly data. <!--summary end--></p> https://www.professionaladviser.com/news/2460080/retail-sales-surpass-gbp1bn-ia-overhauls-monthly-calculation https://www.professionaladviser.com/news/2460080/retail-sales-surpass-gbp1bn-ia-overhauls-monthly-calculation Wed, 1 Jun 2016 12:55:35 +0000 GAM expands multi-asset range with pair of target return funds <p><!--summary start--> GAM has added two new target return funds to its multi-asset range to be managed by Larry Hatheway, the group's head of multi-asset portfolio solutions and chief economist. <!--summary end--></p> https://www.professionaladviser.com/news/2455120/gam-expands-multi-asset-range-pair-target-return-funds https://www.professionaladviser.com/news/2455120/gam-expands-multi-asset-range-pair-target-return-funds Tue, 19 Apr 2016 12:38:03 +0000 Oohs and GARS <p><!--summary start--> ‘Gars' - the sounds of vague irritation or exasperation that could well have been emanating from Standard Life Investments (SLI) this week. <!--summary end--></p> https://www.professionaladviser.com/feature/2454442/oohs-gars https://www.professionaladviser.com/feature/2454442/oohs-gars Wed, 13 Apr 2016 12:33:00 +0000 Top funds feature in advisers' most bought and sold lists in same month <p><!--summary start--> The Invesco Perpetual High Income fund, run by Mark Barnett, and M&G Optimal Income, managed by Richard Woolnough, were among both the most bought and most sold funds by advisers last month, Financial Express (FE) data shows. <!--summary end--></p> https://www.professionaladviser.com/news/2433511/-funds-feature-advisers-bought-sold-lists https://www.professionaladviser.com/news/2433511/-funds-feature-advisers-bought-sold-lists Thu, 5 Nov 2015 11:05:17 +0000 How absolute return funds fared during turbulent August <p><!--summary start--> A closer look at how the absolute return sector performed last month as global stockmarkets went into freefall... <!--summary end--></p> https://www.professionaladviser.com/feature/2424420/-absolute-return-funds-fared-turbulent-august https://www.professionaladviser.com/feature/2424420/-absolute-return-funds-fared-turbulent-august Thu, 3 Sep 2015 11:30:28 +0000 Standard Life's £25bn GARS fund in first negative quarter in two years <p><!--summary start--> Standard Life Investments' Global Absolute Return Strategies fund has suffered its first quarterly loss since mid-2013 in the three months to 30 June after it was caught up in the market volatility seen in the second quarter. <!--summary end--></p> https://www.professionaladviser.com/news/2420524/standard-lifes-gbp25bn-gars-fund-negative-quarter https://www.professionaladviser.com/news/2420524/standard-lifes-gbp25bn-gars-fund-negative-quarter Tue, 4 Aug 2015 08:10:37 +0000 Revealed: Winners of the Fund Manager of the Year Awards 2015 <p><!--summary start--> Investment Week celebrated the 20th anniversary of its flagship Fund Manager of the Year Awards at a glittering ceremony at the Royal Albert Hall last night. <!--summary end--></p> https://www.professionaladviser.com/feature/2417209/revealed-winners-fund-manager-awards-2015 https://www.professionaladviser.com/feature/2417209/revealed-winners-fund-manager-awards-2015 Fri, 10 Jul 2015 09:48:00 +0000 Morningstar unveils real return discretionary portfolios <p><!--summary start--> Morningstar has launched a range of four real return portfolios as it further expands its discretionary management service. <!--summary end--></p> https://www.professionaladviser.com/news/2388865/morningstar-unveils-absolute-return-discretionary-portfolios https://www.professionaladviser.com/news/2388865/morningstar-unveils-absolute-return-discretionary-portfolios Tue, 6 Jan 2015 12:49:00 +0000 Sector report: Absolute Return - The case-by-case sector <p><!--summary start--> Clive Hale examines how to make sense of the diverse Targeted Absolute Return sector and offers a handful of fund picks... <!--summary end--></p> https://www.professionaladviser.com/feature/2383619/sector-report-absolute-return-case-case-sector https://www.professionaladviser.com/feature/2383619/sector-report-absolute-return-case-case-sector Wed, 3 Dec 2014 10:21:21 +0000 Dickie Hodges to join Nomura Asset Management <p><!--summary start--> Former Legal & General (L&G) head of high alpha fixed income Dickie Hodges is to join Nomura Asset Management as he returns to the industry. <!--summary end--></p> https://www.professionaladviser.com/news/2376326/dickie-hodges-join-nomura-asset-management https://www.professionaladviser.com/news/2376326/dickie-hodges-join-nomura-asset-management Fri, 17 Oct 2014 11:06:39 +0000 How to use derivatives in portfolios <p><!--summary start--> Adam Rudd delves into the SLI GARS fund's toolbox for some tips on how derivatives can be used for clients... <!--summary end--></p> https://www.professionaladviser.com/feature/2374500/-derivatives-portfolios https://www.professionaladviser.com/feature/2374500/-derivatives-portfolios Wed, 8 Oct 2014 16:10:50 +0000 Hedge funds: An industry reborn? <p><!--summary start--> As a less daunting new breed of fund-of-funds comes to the fore, Charles Stanley's Kris Barclay examines the pros and cons of their underlying strategies. <!--summary end--></p> https://www.professionaladviser.com/feature/2355713/hedge-funds-industry-reborn https://www.professionaladviser.com/feature/2355713/hedge-funds-industry-reborn Wed, 30 Jul 2014 13:55:41 +0000 Revealed: The winners of the Fund Manager of the Year Awards 2014 <p><!--summary start--> Old Mutual Global Investors (OMGI) was the big winner at the 19th annual Investment Week Fund Manager of the Year Awards, in a glittering ceremony held last night at London's Royal Albert Hall. <!--summary end--></p> https://www.professionaladviser.com/news/2354814/revealed-winners-fund-manager-awards-2014 https://www.professionaladviser.com/news/2354814/revealed-winners-fund-manager-awards-2014 Fri, 11 Jul 2014 08:41:00 +0000 Fund Manager of the Year Awards 2014 - who made the shortlist? <p><!--summary start--> Professional Adviser sister title Investment Week is delighted to announce the shortlist for the 19th Fund Manager of the Year Awards. <!--summary end--></p> https://www.professionaladviser.com/news/2348150/fund-manager-awards-2014-shortlist https://www.professionaladviser.com/news/2348150/fund-manager-awards-2014-shortlist Wed, 4 Jun 2014 09:54:00 +0000 SLI's Clark: If people want to emulate GARS, they are welcome to try <p><!--summary start--> Standard Life Investments' global client head Colin Clark talks about the firm's insurance heritage, its plans to move GARS forward, and its acquisition of Ignis. <!--summary end--></p> https://www.professionaladviser.com/feature/2347972/slis-clark-people-emulate-gars-welcome-try https://www.professionaladviser.com/feature/2347972/slis-clark-people-emulate-gars-welcome-try Tue, 3 Jun 2014 12:17:45 +0000 Gibbs attacks former employer Jupiter in AGM outburst <p><!--summary start--> Ex-Jupiter manager Philip Gibbs has criticised his former employer in a public outburst at the company's annual general meeting, according to reports. <!--summary end--></p> https://www.professionaladviser.com/news/2346272/gibbs-attacks-employer-jupiter-agm-outburst https://www.professionaladviser.com/news/2346272/gibbs-attacks-employer-jupiter-agm-outburst Thu, 22 May 2014 14:13:04 +0000 IMA launches online Targeted Absolute Return sector filtering tool <p><!--summary start--> The IMA has launched an online review tool for the Targeted Absolute Return sector designed to help advisers and consumers find and compare funds. <!--summary end--></p> https://www.professionaladviser.com/news/2317702/ima-launches-online-targeted-absolute-return-sector-filtering-tool https://www.professionaladviser.com/news/2317702/ima-launches-online-targeted-absolute-return-sector-filtering-tool Fri, 6 Dec 2013 14:48:40 +0000 FCA to up Absolute Return disclosure demands <p><!--summary start--> The Financial Conduct Authority (FCA) is preparing to enforce new absolute return disclosure requirements but has opted not to implement the more stringent proposals some had recommended. <!--summary end--></p> https://www.professionaladviser.com/news/2296160/fca-absolute-return-disclosure-demands https://www.professionaladviser.com/news/2296160/fca-absolute-return-disclosure-demands Mon, 23 Sep 2013 10:52:01 +0000 Five absolute return funds for client portfolios <p><!--summary start--> Charles Hepworth, investment director and member of GAM's managed portfolios investment team, argues that now is the time to consider strategies in this area. <!--summary end--></p> https://www.professionaladviser.com/feature/2295544/-absolute-return-funds-client-portfolios https://www.professionaladviser.com/feature/2295544/-absolute-return-funds-client-portfolios Thu, 19 Sep 2013 08:00:00 +0000 Absolute return funds tackle capacity concerns as inflows soar in 2013 <p><!--summary start--> Absolute return providers have been forced to respond to capacity questions by changing fund remits or even soft-closing vehicles as flows into the sector leap this year. <!--summary end--></p> https://www.professionaladviser.com/news/2294094/absolute-return-funds-tackle-capacity-concerns-inflows-soar-2013 https://www.professionaladviser.com/news/2294094/absolute-return-funds-tackle-capacity-concerns-inflows-soar-2013 Wed, 11 Sep 2013 14:11:14 +0000 IMA flags Targeted Absolute Return underperformers as part of overhaul <p><!--summary start--> The Investment Management Association (IMA) has begun publicly revealing Targeted Absolute Return funds' rolling 12-month performance as part of a tightening of requirements, following widespread criticism of the sector. <!--summary end--></p> https://www.professionaladviser.com/news/2276950/ima-flags-targeted-absolute-return-underperformers-overhaul https://www.professionaladviser.com/news/2276950/ima-flags-targeted-absolute-return-underperformers-overhaul Mon, 24 Jun 2013 12:39:17 +0000 FSA criticises consultant over 'independent' Arch Cru report <p><!--summary start--> The Financial Services Authority (FSA) has criticised an independent consultant appointed to review the Arch Cru funds for banned adviser Stephen Danner. <!--summary end--></p> https://www.professionaladviser.com/news/2253421/fsa-criticises-consultant-independent-arch-cru-report https://www.professionaladviser.com/news/2253421/fsa-criticises-consultant-independent-arch-cru-report Fri, 8 Mar 2013 10:18:35 +0000 Groups renew push for sub-sectors after IMA Absolute Return revamp <p><!--summary start--> Fund groups have renewed their calls for sub-divisions within the Absolute Return peer group, after the Investment Management Association (IMA) revealed its long-awaited review of the sector last week. <!--summary end--></p> https://www.professionaladviser.com/news/2252377/-renew-push-subsectors-ima-absolute-return-revamp https://www.professionaladviser.com/news/2252377/-renew-push-subsectors-ima-absolute-return-revamp Tue, 5 Mar 2013 11:41:00 +0000 FSCS to review eligibility of Arch Cru opt-out claims <p><!--summary start--> The Financial Services Compensation Scheme (FSCS) is to review the issues raised by the Financial Services Authority's (FSA) Arch Cru redress scheme for the purpose of deciding claims. <!--summary end--></p> https://www.professionaladviser.com/news/2236825/fscs-review-eligibility-arch-cru-optout-claims https://www.professionaladviser.com/news/2236825/fscs-review-eligibility-arch-cru-optout-claims Wed, 16 Jan 2013 14:32:42 +0000 SPL sues former Arch Cru auditor for £3.7m <p><!--summary start--> SPL Guernsey, the manager of what were the Arch Cru funds, is suing the former auditor of the fund range for £3.7m for breaches of duty in relation to the fund's accounts. <!--summary end--></p> https://www.professionaladviser.com/news/2235870/spl-sues-arch-cru-auditor-gbp37m https://www.professionaladviser.com/news/2235870/spl-sues-arch-cru-auditor-gbp37m Fri, 11 Jan 2013 15:45:00 +0000 Five must-knows from today's Arch Cru 'revelations' <p><!--summary start--> The Financial Services Authority (FSA) has set out its case against some of the directors and companies involved in the Arch Cru debacle. Here, we pick five highlights of what was allegedly going on behind the scenes at one of the industry's most costly collapses. <!--summary end--></p> https://www.professionaladviser.com/feature/2232815/-mustknows-weeks-arch-cru-revelations https://www.professionaladviser.com/feature/2232815/-mustknows-weeks-arch-cru-revelations Tue, 18 Dec 2012 14:15:00 +0000