Abdallah Nauphal has built London's Insight Investment into an over $600bn bond and liability driven investment giant. Now he's aiming to win the US over to liability driven investing.1
What we do
Since our inception in Europe in 2002, we have strived to develop new ways of investing to help deliver complex investment outcomes. Our goal has been to solve the real investment problems faced by a broad range of clients, from pension funds and insurers to sovereign wealth funds and individuals.
Today, Insight manages client assets totaling over $787.3bn2; has 839 staff globally and a growing global presence in the UK, Europe, North America, Japan and Australia.
Through our heritage businesses/predecessor companies we have had a significant presence in North America since 1991. We currently manage $40.7bn2 in assets for US and Canadian clients.
Our investment capability is focused solely on areas where we believe we can deliver an edge. It has evolved as we strive to build relevant solutions to meet the expectations of clients with sophisticated needs.
Our investment platform is built on three main pillars, each suited to the delivery of a specific outcome: risk management solutions, including currency risk management; a full spectrum fixed income capability; and a range of multi-asset and absolute return strategies.
We take responsible investment seriously. In the UK, Insight was a founding signatory to the Principles for Responsible Investment (PRI)3 and we have been successfully integrating environmental, social and governance (ESG) considerations into our decision-making processes for over a decade. Our approach is underpinned by the belief that ESG issues are important drivers of investment value. In 2016, our UK firms were given Tier 1 status by the Financial Reporting Council, recognizing that we provide "a good quality and transparent description of [our] approach to stewardship and explanations of an alternative approach where necessary". In 2018, our UK firms were awarded A and A+ ratings across all relevant categories in the PRI survey, reflecting our ongoing commitment to integrating responsible investment practices across all aspects of our business. Click here to watch a short film which explains our differentiated approach to responsible investment.
What makes us different?
We maintain a questioning attitude and are not afraid to challenge conventional thinking or the status quo. We believe there are two types of risk: those that can be modeled and analyzed using statistical techniques and uncertainty which is harder to quantify.
Insight is team-based with a strong ownership culture. We believe this creates a true alignment between meeting the goals of clients, our business objectives and individual incentives. At the heart of our investment philosophy is a determination to offer clients innovative solutions that aim to deliver mutually agreed outcomes.
This unique perspective has shaped our investment platform and enabled us to stay at the forefront of investment innovation. Insight was among the first asset managers to:
- Recognize the importance of liabilities to pension plans
- Expand the scope of fixed income investment by building global credit expertise and a specialist secured finance team
- Offer investors a broad range of investments in absolute return formats within asset classes and in multi-asset formats against a wide range of benchmarks
- Identify the unrewarded nature of currency risk and develop a rigorous and tested risk management framework
As of September 30, 2018. Assets under management (AUM) are represented by the value of cash securities and other economic exposures, and are calculated on a gross notional basis.*
In the press
Ambitions for America
Insight Investment CEO Abdallah Nauphal is ready to make a big impression on the other side of the Atlantic. Published by Global Investor Group.
The biggest asset manager you've never heard of
Insight Investment has built a powerful UK franchise with liability driven investing. Can it take its model to the US and beat the American bond giants?
*Insight North America (INA) is part of “Insight” or “Insight Investment”, the corporate brand for certain asset management companies operated by Insight Investment Management Limited including, among others, Insight Investment Management (Global) Limited and Insight Investment International Limited. Advisory services referenced herein are available in the US only through INA. Figures shown in USD. FX rates as per WM Reuters 4pm spot rates.
Includes employees of Insight North America LLC (INA) and its affiliates, which provide asset management services as part of Insight, the corporate brand for certain companies operated by Insight Investment Management Limited (IIML).
1 Insight is pleased to present you with the attached article which may be printed for personal use; however, it is not to be distributed further (either electronically or in hard copy format) without the express permission of the publisher. This text has been taken from a third party publication; hence, Insight makes no representation regarding its accuracy or completeness. Any content provided is not intended to provide advice and should not be considered as an offer, or solicitation to an offer, to buy or sell any security or investment by Insight or any of its affiliates, including its parent company, The Bank of New York Mellon (BNY Mellon). Neither BNY Mellon nor Insight has been involved in the preparation or editing of this third-party content and the opinions expressed do not necessarily represent the view of Insight or BNY Mellon. References to assets under management (AUM) are represented by the value of cash securities and other economic exposure managed for clients and reflects the AUM of Insight.
Past performance is no assurance of future returns. Investment in any of these strategies involves a risk of loss.
Source Greenwich Associates 2018, GICF LDI-18 LDI overall. LDI results are based on interviews with 12 UK consultant firms evaluating LDI. Scores were given to Insight Investment Management (Global) Limited, an affiliate company of Insight North America and Insight Investment International Limited. These strategies are offered in the US by Insight and are managed by the same investment team that received the Greenwich scores. IIMG paid a fee to Greenwich for access to the scores and research underlying the scores. The scores may not be representative of any one client’s experience and do not indicate any level of skill or future performance.
2All data as of September 30, 2018. Insight’s assets under management (AUM) are represented by the value of cash securities and other economic exposures, and are calculated on a gross notional basis. Insight North America (INA) is part of “Insight” or “Insight Investment”, the corporate brand for certain asset management companies operated by Insight Investment Management Limited including, among others, Insight Investment Management (Global) Limited and Insight Investment International Limited. Advisory services referenced herein are available in the US only through INA. Figures shown in USD. FX rates as per WM Reuters 4pm spot rates.
Insight North America LLC (INA) is a registered investment adviser under the Investment Advisers Act of 1940 and regulated by the US Securities and Exchange Commission. INA is part of “Insight” or “Insight Investment”, the corporate brand for certain asset management companies operated by Insight Investment Management Limited including, among others, Insight Investment Management (Global) Limited and Insight Investment International Limited. Insight’s assets under management are represented by the value of cash securities and other economic exposures, and are calculated on a gross notional basis. Advisory services referenced herein are available in the US only through INA.
The views herein represent the opinions of Insight and are subject to change based on subsequent developments. They are not intended as investment advice or to predict or depict the performance of any investment. The material contained herein is not intended to provide, and should not be relied on for, investment, accounting or legal tax advice. Further, this material does not constitute a recommendation to buy, sell or hold any security. No offer or solicitation for the sale of any security or financial instrument is made hereby.
3Principles for Responsible Investment (PRI) is the world’s leading advocate for responsible investment. The PRI encourages adopting environmental, social and governance (ESG) factors into investment and ownership decisions, and creating a sustainable financial system. The PRI is an independent organisation, funded and managed by its signatories, and backed by the United Nations Environment Programme Finance Initiative and United Nations Global Compact. For further information please visit: https://www.unpri.org/
The Financial Reporting Council is the UK’s independent regulator responsible for promoting high quality corporate governance and reporting to foster investment. Among other activities, the FRC sets the UK Stewardship Code. To improve the quality of reporting, encourage greater transparency, and maintain the Code’s credibility, the FRC assessed signatories based on the quality of their Code compliance statements. Full details are available at www.frc.org.uk/investors/uk-stewardship-code/uk-stewardship-code-statements.