Have absolute return funds protected investors in the market storm?

Absolute return funds – designed to turn a profit come what may – fell 4.9 per cent during the market carnage last month, new analysis reveals. That loss looks benign relative to the massive declines seen elsewhere, particularly among small company and equity income funds, as the coronavirus crisis demolished global markets. The standout performer … Read more

Police are ‘in absolute shock’ after finding 25 adults and children at house party despite lockdown

Police have been left in ‘absolute shock’ after shutting down a massive 25-person karaoke party which flouted strict coronavirus lockdown rules.  Derbyshire Police published images of an enormous buffet and karaoke system held indoors at an unknown address early this morning.  The group of 25, which is understood to have included a mix of adults … Read more

Donald Trump says 20 per cent unemployment is ‘an absolute, total, worst case scenario’

Donald Trump said Wednesday that he doesn’t agree with his Treasury secretary that unemployment rates could reach levels as high as 20 per cent. ‘No, well I don’t agree with that. No, I don’t agree,’ he insisted during a White House press briefing on coronavirus Wednesday afternoon. ‘That’s an absolute, total, worst case scenario,’ he … Read more