Absolute return funds are on the road to worst-selling year ever

Most absolute return funds did not provide the crisis alpha that many investors expected in March, and are now likely to end 2020 with their highest ever annual outflows, says Morningstar.
Photo: Pexels: Kat Jayne.
Photo: Pexels: Kat Jayne.

Absolute return funds are on track to recording their worst-selling year to date after suffering from poor performances during the Covid-19 market shock, reports the FT.com.

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