Aberdeen Standard Investments (ASI) has begun to turn around the long-term underperformance of its Global Absolute Return Strategies (GARS) as it looks to "regain the trust from our clients".
Similar to a number of the largest funds in the Investment Association's (IA) Targeted Absolute Return sector, GARS has suffered years of poor performance leading to sustained outflows. In 2018 alone,...
Gérald Harlin has been appointed executive chairman
Daunting without ad valorem feees
Elevated redemptions expected
'Should be forever young'
New manager likely to be appointed