Columbia Threadneedle monitors capacity in £1.5bn Credit Opportunities fund

The firm said they have stopped pitching the fund to new clients and are looking at applying further limits to halt flows, such as a soft closure, after AUM climbed from £819m in April 2016 to £1.5bn as at the end of April. Managed by Barrie Whitman, the fund takes long/short positions across both investment grade and high yield credit while aiming to deliver absolute returns. Over the past year to 15 May, the fund has returned 4.4% compared to the IA Targeted Absolute Return sector average of 3.9%, according to FE. Managers warn unwinding European QE could burst 'the mother of all...