Insight Investment's flagship Equity Market Neutral fund is planning to increase its exposure to European equities following the hire of portfolio manager Gareth Jenkins.
BNY Mellon Investment Management has launched the BNY Mellon Absolute Insight fund, a UCITS product for European investors which mirrors the £692m Absolute Insight fund.
Tim Edwards has left his role as chief operating office of distribution at Ignis Asset Management to join Insight Investments.
BNY Mellon has moved to soft-close two of its popular absolute return vehicles - including an Insight product - after inflows soared in recent months.
When Mike Pinggera joined Four Capital Partners, the group gave him an opportunity to create his own fund from scratch.
Absolute return providers have been forced to respond to capacity questions by changing fund remits or even soft-closing vehicles as flows into the sector leap this year.
The £836m Absolute Insight UK Equity Market Neutral fund is revamping its investment policy to switch from a UK-centric to a global investment focus.
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