Insight

Insight Investment Management is set to acquire currency specialist Pareto Investment Management early next year.

Financial planner Informed Choice has criticising the bulk of absolute return funds for charging unjustifiably high fees and lacking consistency of returns.

Insight Investment has blocked investors from pumping more money into its €1.1bn Insight Euro Liquidity fund following the European Central Bank's move to cut interest rates.

Royal London Asset Management has poached Insight's Azhar Hussain to head its Global High Yield team.

The IMA could be ready to launch its delayed fourth Managed sector in the coming months, following a pick-up in interest from fund groups.