Absolute Return Fund

Absolute Return Fund

A mutual fund or other investment company that takes both long and short positions in order to produce a gain, or at least avoid a loss, regardless of overall market conditions. The idea behind an absolute return states that during a downturn, the gains on the short positions (which produce gains when security prices drop) offset the losses on the long positions. In other words, an absolute return fund seeks to combine the accessibility of a mutual fund with some of the strategies of a hedge fund. Critics contend that absolute return funds carry higher risks of loss than their proponents admit.
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For Q4 the Emirates Emerging Market Corporate Bond Absolute Return Fund ranked in the first quartile of the Morningstar Global Emerging Markets Corporate Bond peer group on both an absolute and risk adjusted return basis.
Adcock confirmed that the duchy invested GBP5m in the Jubilee Absolute Return Fund, which invests in hedge funds.
A further PS5m was invested in 2004 in the Bermuda-based Jubilee Absolute Return Fund Ltd.
The Avendus Absolute Return Fund, under the leadership of Andrew Holland, has recently crossed Rs 1000 crores of assets under management in four months since launch.
The difference is that, with an absolute return fund, there is far more flexibility to connect manager skill into performance in a precise, timely and cost-effective way.
The new fund joins an established lineup of multi-asset alternative strategies at John Hancock Investments that are managed by SLI, including John Hancock Global Absolute Return Strategies Fund, John Hancock Global Conservative Absolute Return Fund and John Hancock Global Real Estate Fund.
However, investors were perhaps slightly concerned about the group's dependence on its flagship product - the Standard Life Global Absolute Return Fund.
The launch of the new funds strengthens the Emirates NBD SICAV platform to 10 sub-funds, which earlier included Emirates Emerging Market Corporate Absolute Return Fund and Emirates Global Quarterly Income Fund.
providing investment and advisory solutions to global investors, has announced the acquisition of California-based Fintan Partners LLC, a fixed income absolute return fund of hedge funds.
And the "gross return" for its Absolute Return fund (from its November 2012 inception to May 17) was 3.
Real-time investment management solutions provider Imagine Software announced on Monday that CSOP Asset Management has implemented its cloud-based ASP solution to support the risk management requirements of its Greater China Absolute Return fund, a long/short equity and derivatives fund.
PIMCO launched the PIMCO Credit Absolute Return Fund for investors seeking a global, diversified strategy that is focused on absolute return and not constrained by a benchmark and the PIMCO Inflation Response Multi-Asset Fund for investors looking to hedge global inflation risks.