Investors flocking to absolute return 'promised land' - OBSR

Speaking at the annual Personal Finance Society (PFS) conference in London yesterday, OBSR research director Richard Romer-Lee said although the last 10 years represent a "lost decade" for investors, the present climate presents a wealth of opportunities. "It is a very exciting time for advisers - there are some good solutions out there for customers," he said. He says while corporate bonds have been top of the sales chart for the first part of the year, the fixed income market will likely come under pressure. Absolute return funds, on the other hand, are proving increasingly popular...