Absolute return

GAM has suspended trading in its unconstrained and absolute return bond funds as a result of the high level of redemption requests following the suspension of manager Tim Haywood earlier this week.

Absolute return vehicles are coming under scrutiny from the Financial Conduct Authority (FCA) as part of its work looking at whether asset managers are offering investors value for money.

Peter Ball looks at how schemes are using absolute return bond funds.

Pension schemes are being urged to brace themselves for more volatility in the fixed income markets next year and to expect smaller returns from government bonds.

The Pension Protection Fund (PPF) will open a consultation on levies and banding next week.

The Superannuation Arrangements of the University of London (SAUL) has hired Payden & Rygel (P&R) to run its £80m absolute return bond mandate as it continues to diversify away from equities.

Premier Foods will use the consumer prices index to calculate benefits in its RHM Pension Scheme following a 66% spike in overall deficits, its 2012 results show.

Macro Currency Group's Ashley Shaw discusses absolute returns.

Defined contribution investors need to look at their portfolios from a risk perspective akin to defined benefit schemes, delegates heard.