Investors eye absolute return despite continued poor performance 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. It found that seven in 10 institutional investors were considering allocating to absolute return. CIO of Fulcrum Nabeel Abdoula said he was "not surprised" at the recent interest in absolute return given how "poorly traditional asset classes were performing", however he recognised that there were still some "negative perceptions about the...