Insight Global Absolute Return Bond Fund secures ‘recommended’ rating from Lonsec


Bruce Murphy

Insight Investment, a leading global investment manager, has received a ‘Recommended’ rating for one of its flagship Australian funds – the Insight Global Absolute Return Bond Fund – from Lonsec  Research.

The A$609.8m1 Fund aims to provide a positive absolute return in all market conditions over a rolling 12 month period, and 3% pa in excess of the Bloomberg AusBond Bank Bill Index (before fees and expenses) over rolling 3-year periods2. It offers a multi-strategy approach to fixed income, seeking to add value through interest rate, inflation, currency and credit strategies.

Lonsec described the Fund as an appropriate entry point to the asset class and said it had a strong conviction in the Fund’s ability to generate risk-adjusted returns in line with relevant objectives. It added that the complementary skillsets of portfolio managers Andrew Wickham and Peter Bentley – rates and credit respectively – are well suited to managing a global absolute return bond portfolio. Lonsec also commented on the Fund’s ‘units of risk’ concept, which it considers to be logical and a structured manner of constructing the portfolio, while also adding an embedded layer of risk management.

Bruce Murphy, Director, Australia and New Zealand at Insight Investment, said: “The Lonsec rating recognises Insight’s solid 10-year track record of absolute return fixed income investment. We are pleased that Australian advisers can now access our institutional-quality capability, which has a robust risk management process at its core.”

Insight now manages A$32.9bn3 on behalf of Australian institutional investors. Headquartered in London, Insight has operations in the UK, US and Australia and employs 211 investment professionals globally; of 716 staff in total.

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