PRESS RELEASE - INSIGHT INVESTMENT LAUNCHES ABSOLUTE INSIGHT CREDIT FUND

10 June 2009

Insight Investment is augmenting its Absolute Insight range of funds with the addition of the Absolute Insight Credit Fund.

The Absolute Insight Credit Fund is managed by Insight’s head of credit, Alex Veroude. Alex will utilise a diversified range of credit-related strategies to aim to achieve positive returns over the Fund’s cash benchmark, whilst focusing on minimising downside risk. The Fund will invest on a global basis in the full suite of physical and derivative instruments relating to credit.

The Fund will be available to investors as part of the Absolute Insight Fund of Funds or as a standalone strategy for institutional and discretionary investors as part of a diversified portfolio.

Adrian Grey, head of fixed income, Insight Investment, said: “The new Absolute Insight Credit Fund is ideally placed to take advantage of the opportunity rich environment that exists in credit markets today. I am confident that this new Fund will provide strong and consistent performance for our clients.”

Sarah Aitken, head of distribution, Insight Investment, commented: “The launch of the Absolute Insight Credit Fund allows clients to access our best credit ideas in a UCITS wrapper, making the fund available to clients in the UK and Europe. The Absolute Insight Credit Fund is a timely addition to our innovative Absolute Insight fund range and expands our suite of targeted cash-plus solutions.”

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For further information please contact:

Insight Investment press office Tel: 020 7321 1358

Notes to editors:

The Absolute Insight Credit Fund is a UCITS III scheme incorporated in Ireland.
Shares will be available for issue either as Euro Shares, Sterling Shares or as US$ Shares and may be redeemed in Euro, Sterling and US Dollars respectively. The base currency of the Fund will be Sterling.
The minimum investment per subscriber is £3,000, with bi-weekly dealing.

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 £116.6bn as at 31 March 2009.