product launch
Credit Suisse Asset Management (CSAM) has launched a long-only absolute return fund that invests in a highly flexible mix of Asian equities and bonds. The Luxembourg-domiciled Credit Suisse Fund (Lux) Total Return Asia Pacific, run by veteran fund manager Peter Sartori, differs from a traditional balanced fund in that it can go 100% equities in bull markets and 100% in bears. "By optimally allocating the fund's assets, there should always be the potential to generate positive absolute returns throughout all points of the economic cycle," said the fund manager. Another distinguishing fea...
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