In the latest Interactive Financial Adviser debate, our panellists from Aberdeen Asset Management, Standard & Poor's and Threadneedle discussed Absolute Returns.
According to FE Analytics, 52% of Absolute Return funds with a one year track record failed to beat CPI and RPI inflation figures. This alarming statistic means the majority of end investors are losing money in real terms. Absolute Return funds don't claim to be inflation-proof, only that they will provide positive returns. However, the fund class was created to give clients a decent return in volatile conditions. Are Absolute Return funds fulfilling their marketing claims or are better options available during times of volatility?
The Absolute Returns panel includes:
Aidan Kearney - Co-Head of Multi-Manager Funds, Aberdeen
Kate Hollis - Director, Fund Research, Standard & Poor's
Chris Kinder - Fund Manager, Threadneedle
£300bn of liabilities
View from the front row
Transfer from occupational scheme
Appointed by FCA and PSR boards