Standard Life Investments' £26.2bn Global Absolute Return Strategies (GARS) fund has recorded its worst quarterly performance since the height of the financial crisis in 2008, against a turbulent backdrop for global markets as many fell into bear territory at the start of this year.
Over the past three months to 30 March, the absolute return fund has lost 3.5%, according to FE, compared to an average 1% fall for the IA Targeted Absolute Return sector. This is the fund's worst quarterly...
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