Insight adds to its Diversified Target Return range, merging five funds to form latest two offerings run by group's multi-manager team
Insight Investments is converting a total of five multi-manager funds into the two latest additions to its Diversified Target Return range. Subject to shareholder approval, the group will merge the £11.7m US Portfolio and £68.7m Global Dynamic Managed into the £98m Wealthbuilder Growth, which will then become Diversified Dynamic Return (DDR). It also wants to merge the £60.3m UK Equity Income Portfolio into Wealthbuilder High Income, with the resulting product renamed as Diversified High Income (DHI). DDR and DHI have been slated for an October launch and will run alongside the existing ...
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