Unloved targeted absolute return sector suffers £12bn outflows in 2020 'Varied' and 'poor' performance slammed 2020 was the third consecutive year the market area has missed the mark and lost money Funds in the Investment Association's Targeted Absolute Return (TAR) sector failed to "keep their promise" once more in 2020 following markedly "varied" and "poor" returns throughout the course of the year, according to some investment professionals, who warned the market area will likely suffer prolonged outflows over the medium-to-long term. Others, however, have suggested that the market area has performed "broadly in line with other IA sectors" over the past 12 months, and that there is "still a case to be made" for holding some of these...