Turcan Connell launches absolute return fund
Client demand has driven the creation of a new absolute return fund from Scottish investment, legal, financial and tax advisory firm, Turcan Connell
The Absolute Return Fund is the third unitised investment fund the firm has offered, after its existing CF TC Balanced Portfolio and CF TC Income Portfolio funds.
Responding to client demand for an investment free from the volatility usually associated with traditional financial markets, Turcan Connell opened the new fund.
It expects to produce long-term returns of 6-8% p.a. regardless of market conditions.
Chief Investment Officer at Turcan Connell, Haig Bathgate (pictured above), says the fund is likely to benefit from the current climate of inflation and low interest rates.
It is the first time the firm has extended its absolute return offering to all its clients, who include private clients, charities and land owners and managers.
All three of Turcan Connell’s funds are authorised by Capita Financial Manag