Absolute return funds

With the issues in the financial sector going from bad to worse there was a significant increase in investor risk aversion. This led to a conventional 'flight to safety' with cash and government issues the main winners. Although a 'flight to safety' investment strategy can certainly help protect capital, the underlying investment returns can be lower. With most asset classes and particularly equities declining in value throughout most of 2008, investors were looking elsewhere for the potential to achieve better returns while minimising the level of risk. It is, therefore, somewhat unsur...