SLI Floats Absolute Return Ucits Fund

Standard Life Investments has launched a new absolute return bond fund.

Standard Life Investments (SLI) has launched a new absolute return bond fund, Financial Times reports. The Absolute Return Global Bond Strategies fund is based in Luxembourg and trades in global fixed income securities.

The managers of the Ucits III fund are Euan Munro, head of multi-asset and global fixed income, David Millar, investment director of multi-asset management, Ian Pizer and Roger Sadewsky, investment directors of fixed income. The multi-asset team also manages the £7.3 billion Global Absolute Return Strategies fund.

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