Insight Investment wins Zurich mandate
Insight Investment has been awarded a mandate from Zurich Australia’s investments business, Zurich Investment Management.
The mandate was awarded to the Insight Diversified Plus Fund and this allocation would form a part of Zurich’s diversified strategies including their flagship Managed Growth Fund.
Zurich’s head of savings and investments, Matthew Drennan, said that Insight’s approach was perceived as complementing to Zurich’s existing strategic investment partners.
“The underlying strategy was launched initially in the UK in 2004 and 10 years later in Australia, with the establishment of the Insight Diversified Inflation Plus Fund,” Insight Investment director, Australia and New Zealand, Bruce Murphy, said.
“The strategy has a long and successful track record managing assets throughout various market cycles. The Insight Fund is now available on leading investment platforms and has resonated with Australian investors seeking inflation plus returns with strong downside risk management in place.”
According to Matt Merritt, head of multi-asset strategy group at insight, investors needed access to a broad range of return sources.
“Our approach is based on three simple and effective principles: diversification, dynamic asset allocation and downside risk management,” he said.
Australian investors currently make up $2.6 billion of the total $8.7 billion managed globally by Insight in this strategy.
Recommended for you
There is one specific risk that is a significantly higher concern for financial services directors compared to companies overall and is impacting their risk appetite, according to the AICD.
Global fund managers are shunning bonds, with the asset class seeing the largest drop in allocations in more than 20 years.
Australian Ethical has seen its funds under management reach $10 billion, driven by organic customer growth and superannuation contributions.
Financial advisers will have access to private equity investments run by WTW for the first time as it launches a pooled fund to provide savers with access to traditionally institutional assets.
