Laura Suter: The grim reading into Absolute Return funds

There's already talk of getting more diversification in investments and of preparing portfolios to be more recession-proof. One sector that always gets talked about in these times is Absolute Return funds, which aim to mitigate losses on the downside and deliver a positive return in many market conditions. But there are lots of question marks about whether they have actually done this in the past. A total of 38 funds in the sector have a track record going back a decade, but how have they actually performed during that time? The problem with comparing absolute return funds to each oth...