Randal Goldsmith, a senior research analyst at data provider Morningstar, has warned clients to keep a close eye on inflows into Standard Life Investments’ renowned Global Absolute Return Strategies, whose assets under management have hit £44 billion.

Following publication of a new research report on GARS on August 26, Goldsmith said Morningstar was keeping a "close eye on asset capacity" and urged investors to do the same with inflows and watch "for signs that the managers are struggling to identify new ideas they can invest in meaningfully".