Total Return fund goes back to basics by adopting active asset allocation

The Credit Suisse Total Return fund has only been running for a short period of time, but is the offspring of a three-year old targeted return strategy developed for institutional clients. It uses a multi-strategy investment approach and can invest in traditional government bonds, high-grade credit, high-yield, emerging debt, convertibles and cash. During the past three years, the institutional portfolio on which the fund is based has had an active rotation between asset classes, especially in emerging markets and central Europe, sucessfully maintaining absolute returns. On the back o...