ON EMERGING MARKETS
Insight has bolstered its fixed income business with three new hires.
Investec Asset Management, which runs more than $5.3bn in active currency funds, is retaining its short position on the Australian dollar as the country faces its first hung parliament since the Second World War.
Alex Illingworth, the former manager Insight Evergreen fund manager, has joined the global equity team at Mirabaud Investment Management.
BNY Mellon has assumed responsibility for the UK distribution of all the retail funds run by Insight.
Insight head of equities Sandy Black has joined J O Hambro Capital Management (JOHCM) as investment director.
Mike Pinggera, the head of Insight's multi-asset group, has added Axa's US Short Duration High Yield fund across the firm's range of portfolios.