Exploiting volatility with a contrary stance

Insight's Ireland-domiciled currency fund has delivered returns of 13.1% over one year by buying and selling against the market trends

Dale Thomas, Insight Investment’s head of currency management, has managed the Absolute Insight Currency fund with Max Wahl since its launch in February 2007. According to Morningstar, the £84.4m Absolute Insight Currency fund, which sits in the IMA Absolute Return sector, is up 13.1% over one year to 19 October against an average increase of 13.9%. The Ireland-domiciled vehicle aims to achieve long-term capital growth by investing in a range of global currencies using a range of derivative instruments including forward contracts, futures and options. Currency investment will gener...