In Singapore and Hong Kong universes, 0.33% of equity funds delivered positive returns when markets collapsed.
FSA compares two absolute return products: the Blackrock UK Absolute Alpha Fund and the SVS Church House Tenax Absolute Return Strategies Fund.
Despite caution about the macroeconomic outlook, Asia fund selectors have a positive tilt to some key risk assets, according to Last Word Media research.
Investors searched for alchemists who could defy the slump in major stock markets last year.
In the next 12 months, research suggests that allocations to China equity funds will be up while US and European equity product exposure will decrease, according to data collected by FSA.
GAM’s abrupt liquidation of its absolute return fund range, three of which are offered in Singapore, raise the question of whether targeted investors fully understand the product complexity.
Absolute return fixed income strategies are meant to be a component of a portfolio that reduces overall risk, according to Alex Johnson, BNP Paribas Asset Management’s New York-based head of multi-strategy for absolute return fixed income.
FSA compares the Aviva Investors – Global Convertibles Absolute Return Fund with the GAM Multibond Absolute Return Bond Fund.
Kuala Lumpur-based Affin Hwang Asset Management has launched a mixed-asset absolute return fund that feeds into a Schroders fund, according to a statement from the firm.
Safe stocks are no longer safe while high-growth tech stocks are likely to suffer amid rising interest rates, said Ivan Kralj, investment analyst on the absolute return strategy team.