Investors eye absolute return despite continued poor performance since Brexit

Uncertain market conditions and increased correlation between asset classes has more investors considering absolute return funds as a solution, despite no absolute return fund providing returns in all market conditions since Brexit. According to a survey commissioned by Fulcrum Asset Management - which runs several absolute return products - investors were "inclined to consider absolute return funds as part of their overall asset allocation" because of ongoing market volatility, reports sister site Investment Week. It found that seven in 10 institutional investors were considering all...