Insight Investment’s key retail rating
BNY Mellon investment manager, Insight Investment has taken a key step into the Australian retail market, receiving a “recommended” rating from research and ratings house, Zenith Investment Partners, for its Insight Global Absolute Return Bond Fund.
Insight Investment Australia and New Zealand director, Bruce Murphy described the rating as reinforcing the manager’s well-established reputation in Australia.
In delivering the rating, Zenith described the fund as a strong entrant to its 'unconstrained' category and praised the high calibre investment team and “intuitively appealing investment”.
According to the manager, the Insight Global Absolute Return Bond Fund aims to provide a positive absolute return in all market conditions over a rolling 12-month period and seeks to offer globally diversified exposure across global government bond, corporate bond and currency markets.
It uses a broad range of fixed income securities including but not limited to government, inflation-linked and investment grade corporate bonds, high yield and emerging market debt.
Murphy said that at a time when monetary policies across the globe were challenging traditional investment approaches, Insight believed its experienced team and broad skill-set positioned it well to assist advisers as they navigated uncertain financial markets.
The A$503.8 million fund is co-managed by Andrew Wickham, head of global rates and deputy head of fixed income, and Peter Bentley, head of UK and global credit, and supported by the wider fixed income team of 98 investment professionals.
Insight now manages A$38.9 billion on behalf of Australian institutional investors. Headquartered in London, Insight has operations in the UK, US and Australia and employs 210 investment professionals globally; of 691 staff in total.
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