In the latest Interactive Financial Adviser debate, our panelists from Legg Mason, Threadneedle and Standard & Poor's discussed absolute return funds.
‘No manager sets out to produce negative returns', but many do. Absolute return funds are supposed to produce a positive return over any time frame. Chris Kinder, co-manager of Threadneedle's UK Absolute Alpha fund, Legg Mason's investment director Ajay Dayal and S&P's Kate Hollis debate just how good AR funds are.
The Absolute Returns panel includes:
Ajay Dayal - Investment Director, Legg Mason Global Asset Management
Kate Hollis - Director: Fund Research, Standard & Poor's
Chris Kinder - Co-fund manager of Threadneedle UK Absolute Alpha Fund, Threadneedle
Achievements, charity work and other happy snippets
Laughable excuses for persisting
Spent 56 years at Schroders
Warns on profits