Update: SLI GARS sees first quarterly outflows since 2013

Fund hurt by Brexit outcome

clock • 2 min read

Standard Life Investments' Global Absolute Return Strategies fund has seen quarterly net outflows for the first time since 2013 during the second quarter of 2016, according to analysis from RBC Capital.

In its first-half results this morning, the firm saw gross redemptions from its multi-asset business, which includes the GARS fund, of £5.9bn, while equities and fixed income also suffered. An a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: LDI market trends – getting things in perspective

Partner Insight: LDI market trends – getting things in perspective

Simon Bentley, Columbia Threadneedle Investments
clock 16 December 2024 • 4 min read
PensionBee's Romi Savova hits out at government push for DC investment in illiquids

PensionBee's Romi Savova hits out at government push for DC investment in illiquids

Industry must ask what the push into the unknown can deliver in additional returns

Jonathan Stapleton
clock 06 December 2024 • 2 min read
Asset-backed finance solutions investment manager formally launched

Asset-backed finance solutions investment manager formally launched

Evermill Capital will look to deliver tailored asset-backed financing solutions

Martin Richmond
clock 05 December 2024 • 1 min read
Trustpilot