26/4/07: Are you convinced by the products that have so far been launched in the absolute return sector?

Fund houses say that five years from now the top performing growth funds will be those that use wider investment powers granted under UCITS III regulations to access multiple assets. However, a massive 85pc of the Professional Adviser panel are not convinced the retail absolute return funds launched under UCITS III regulations will perform in falling markets. There are not only doubts about how these funds will perform if the market crashed but the jury is also out on their success rate in any market conditions. As John Baxter, chief executive of MIP UK, said: “I have doubts about ...