Playing it safe is not the traditional image of a hedge fund manager. Andrew Cawker, lead manager for the Absolute Income UK Equity Market Neutral Fund, is a bit outside the mould and certainly appreciates a cautious approach to investment. He believes his main job is preservation of capital while at the same time creating steady and repeatable returns.
Cawker is not aiming for double-digits returns but for a modest 7%-9% a year, regardless of what the markets are doing. His approach, he admits,