Skandia platform adds two Insight fund

Insight Investment announced today that two of its funds are now available for investment on Skandia’s Investment Solutions platform and Life and Pensions fund ranges.

The Dublin-domiciled Absolute Insight Fund of Funds, and one of its sub-funds, the Absolute Insight UK Equity Market Neutral Fund were both brought onto the platform to give investors access to the absolute return strategies.

The Absolute Insight UK Equity Market Neutral Fund, rated AA by S&P and A-rated by Old Broad Street Research, uses pairs trading and aims to deliver positive returns irrespective of overall market direction.

Absolute Insight Fund of Funds comprises a number of single strategy funds with absolute return objectives managed by Insight’s investment teams. The fund produced a return of 6.8% from the start of the year to July 31.

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