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2 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.

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. 

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