(From Business Day (South Africa))
Byline: Lynn Carlisle
Greater demand for absolute returns Belief that equity markets may suffer long periods of negative performance ASSET managers have seen heightened demand from retirement funds for portfolios or products that target absolute returns, says Brandon Zietsman, director of retail business and product development at RMB Asset Management.
This can be attributed to a greater awareness of risk management and the understanding that equity markets may suffer from long periods of negative or flat performance.
He says absolute return portfolios seek to generate positive returns on a year-on-year …