Fundsters interested in absolute return funds and their growing popularity may want to take a look at the "Weekend Investor" section in the 
Wall Street Journal. Jane J. Kim 
highlights recent strong in-flows into the niche funds but wonders if they live up to the hype. Specifically, Kim cites the wide variation in returns for absolute return funds  and notes higher fees and unconventional strategies (like investing in emerging market currencies, emerging market debt and interest-only mortgage derivatives).
A number of industry insiders weigh in for the article, including: 
Eaton Vance Global Macro Absolute Return Fund co-PM 
Mike Cirami; 
Goldman Sachs Asset Management portfolio strategist 
Theodore Enders; 
Putnam global asset allocation chief 
Jeff Knight; 
Morningstar alternative investments strategist 
Nadia Papagiannis; Morningstar analyst 
Jonathan Rahbar; and financial advisor 
Matthew Tuttle. Kim specifically mentions the 
Aston/New Century Absolute Return ETF, the Eaton Vance Global Macro Absolute Return Fund, the 
Goldman Sachs Absolute Return Tracker Fund, the 
Nakoma Absolute Return Fund and the 
Putnam Absolute Return 100 Fund. 
       
       
       Edited by: 
         Neil Anderson, Managing Editor
       
       
       
    
		
		Stay ahead of the news ... Sign up for our email alerts now
		CLICK HERE