Absolute Return Partners is a London based investment advisory business. Founded by Niels Jensen in 2002, we focus on providing bespoke alternative investment solutions to institutional investors. In total, it manages over $600 million of assets across the group.

Long-term readers of the Absolute Return Letter will be aware that I have argued for a long time that returns will be disappointingly low in the years to come.

The research done by BofA Merrill Lynch suggests that, over the next ten years, inflation-adjusted (real) equity returns will most likely be around 5% per annum.

Editors Note: The summary bullets for this article were chosen by Seeking Alpha editors.