In for the high jump: Absolute return flows 'turning corner' despite investors shunning sector giants

Using FE data, Investment Week found an equally weighted portfolio of the five largest funds in the absolute return sector - which, with a combined AUM of £40.12bn, account for almost 50% of the sector's total AUM - has failed to outperform the basic rate of interest in the UK over the past three years, returning 1.13%.  Meanwhile, the IA Targeted Absolute Return sector average is up 4% over the same timeframe, having comfortably outperformed base interest rates.  When the five behemoths - Invesco Global Targeted Returns (UK), Standard Life Global Absolute Return Strategies (GARS), Me...