Insight exits US, Japan and Asia Pacific sectors

Insight Investment is pulling out of the US, Japan and Asia Pacific sectors by merging its three reg...

Insight Investment is pulling out of the US, Japan and Asia Pacific sectors by merging its three regional funds into a global offering. Under proposals, the equity range will slim down to nine, with five products merging into three existing portfolios. S ubject to approval, Insight will merge the Asia Pacific Equity, Japan Equity and US Equity into the Global Alpha fund. Meanwhile, European Ethical will merge with Evergreen, creating a £148.8m vehicle managed by Alex Illingworth. Finally, European Equity will merge with European Alpha under Richard Wiseman. The group will also reva...