Absolute-Return Funds: Not Always What They Seem
(Wall Street Journal) — So-called absolute-return funds—portfolios that purport to deliver gains in any market environment—are hot. But many aren’t living up to their billing. Through May, funds with “absolute return” in their names saw net inflows of roughly $5 billion, up from $2.7 billion last year and $322 million in 2008, according to Morningstar Inc. Absolute-return funds don’t seek to track the stock market. Instead, they use a variety of sophisticated strategies, and dabble in a host of asset classes, to eke out gains even when the stock market is swooning.
SEE ALSO
- Anita Baker To Embark On Nationwide Tour For The First Time Since 1995
- Adonis Dfetty Immediately Stirs Up Drama And Fist Fights In ‘Bad Boys Texas’ House
- A Bathroom Emergency, A Baby Name Reveal — A$AP Rocky Had The Busiest Week Ever
- Tyler Perry And Byron Allen Are In Talks To Acquire BET From Paramount
- Nia Long Isn’t Happy With How The Boston Celtics Handled Ime Udoka’s Cheating Scandal
