Sam Liddle: The absolute truth and why it pays to be discerning

This year has been no exception with some commentators recently declaring the strategies are failing to deliver on their promise of "strong returns with low risk".  Some are even predicting a "blood bath" for absolute return funds should recession hit. It is all meaty stuff, of course, and makes for an entertaining read, but how true or fair are these claims?  To take a view on a sector based on an average of overall performance or sentiment towards it is to not see the trees for the wood. The Targeted AR sector is complex and often misunderstood. For example, the 50 largest funds in the...