Launches & Closures

Bond version of GARS fund launched by SLI


Standard Life Investments, which has the largest fund in the Absolute UCITS database, has unveiled its new absolute return bond fund.

The launch follows the success of Edinburgh-based SLI’s Global Absolute Return Strategies which now has an amazing level of more than $10.5 billion assets under management (see earlier story).

The Absolute Return Global Bond Strategies Fund has a conservative return objective compared to the GARS fund, which aims to deliver an absolute return plus 5% per year annum before fees over rolling three-year periods.

The new fund, which launched earlier this year in March, aims to deliver an absolute