Insight Investment has reduced the minimum investment level across its Absolute Insight range of funds to £3,000, creating greater accessibility for retail investors who seek the benefits of a low-volatility investment approach, with the flexibility to respond to all market conditions.
The Absolute Insight range* was launched in February 2007. The Funds in the range are designed to hedge unwanted risks and isolate alpha to generate positive absolute returns with low volatility in differing market conditions and are Irish domiciled recognised for sale in the UK .
Gordon Phillips, head of business development, Insight Investment, commented: “Our decision to reduce the minimum investment has been driven by demand from the intermediary market. Advisers are looking for solutions for their clients who want the potential for equity-like returns, without the bumpy ride. I am very pleased that against the backdrop of challenging market conditions, this change will give more retail investors the opportunity to benefit from a low volatility approach.”
Reza Vishkai, head of alternatives and manager of Absolute Insight fund of funds said: “We recognise the investment industry is changing in line with investor needs and we firmly believe that absolute return has a substantial role to play in this evolution. We have invested significantly in our absolute return infrastructure and I am delighted that we are now able to offer retail investors the opportunity to access a long-short investment solution which has the flexibility to respond to all market conditions.”
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For further information please contact:
Insight Investment press office Tel: 020 7321 1358
Notes to editors:
Issued by Insight Investment Funds Management Limited, the Authorised Corporate Director of the Insight Investment range of UK funds. Registered in England and Wales. Registered office 33 Old Broad Street, London EC2N 1HZ. Registered no. 1835691. Authorised and regulated by the Financial Services Authority.
Insight Investment manages funds for institutional and retail clients across a range of asset types including equities, bonds, derivatives and alternatives, with the aim of providing precise investment solutions for investment needs. Insight’s assets under management totalled £119.2 billion as at 31 December 2008.
www.insightinvestment.com
* The Absolute Insight range is a NURS (Non-UCITS Retail Scheme) - structured fund of funds which is invested in five underlying UCITS III sub-funds:
Absolute Insight Europe Equity Market Neutral Fund
Absolute Insight UK Equity Market Neutral Fund
Absolute Insight International Equity Market Neutral Fund
Absolute Insight Emerging Market Debt Fund
Absolute Insight Currency Fund
