Insight's multi-asset funds hurt by poor performances post shake-up

Insight Investment's multi-asset funds have underperformed, relative to peers, since a shake-up at t...

Insight Investment's multi-asset funds have underperformed, relative to peers, since a shake-up at the department saw its joint chiefs and their deputy leave. The Multi Asset Group (MAG) is responsible for the Dynamic Managed, Wealthbuilder Balanced, Diversified High Income and Diversified Target Return portfolios. But since the MAG restructure on 27 October last year, three of the four funds have slipped into the bottom quartile of their IMA sectors for performance, one from the top quartile and two from the second. The £120m Wealthbuilder was 18 of 136 in the Balanced Managed sector...