Asgard adds Standard Life absolute return fund to list
Asgard has added Standard Life Investments' Global Absolute Return Strategies (GARS) Australian Trust to its investment menu making it available to wholesale clients.
The fund, which has been offered to the Australian market since 2009, has delivered an overall gross return of 11.49 per cent per annum since the launch date of 1 December 2009 with volatility within the fund since 2009 at 4.1 per cent compared to global equity volatility of 9.5 per cent over the same period.
Standard life Investments, Investment Director, Wholesale Business Matthew, Newham said the inclusion demonstrated the growth of the businesses absolute return products in the retail sector.
"Asgard is a well-regarded investment platform and we are delighted that GARS has been added to its investment offering," Newham said.
AUTHOR
Jason Spits
Recommended for you
Global investment manager First Sentier Investors has launched an umbrella brand to provide greater clarity around its shift to a multi-affiliate asset manager encompassing six investment teams.
Janus Henderson has seen intermediary outflows in the second quarter of US$1.2 billion, although its deal with insurer Guardian means overall net flows are US$46.7 billion.
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.
