Insight Investment ("Insight")—a BNY Mellon Investment Management boutique—today announced that its global fixed income coverage now includes domestic US credit and loans expertise1. The addition of a domestic US fixed income business, a deal completed at the start of the year, has enhanced Insight's research resources and increased capacity in the strategies most widely owned by our international clients: Absolute Return Bonds, Global Active Credit and Buy and Maintain.
The global fixed income team at Insight now includes 97 investment professionals and the team manages $208 billion2. The investment teams based in the US and the UK now share the same global investment process and research methodology. This is deployed within one investment-systems architecture and governance framework.
Adrian Grey, Head of Fixed Income at Insight, said: "The integration of a strong US domestic investment team has deepened our research capability. This means that our globally-focused portfolios can now better reflect the opportunities available in the world's biggest and most diverse credit market. By aligning our research resources, processes and systems across London and New York we believe we have made a material step forward that should enhance the quality and foundations of our portfolios, and support us in seeking superior investment results."
The 29-member strong US domestic fixed income investment team has an average of 11 years' tenure and 18 years' total investment experience. Key strategies managed include core, core plus, US credit and long duration bonds. They are part of a team of more than 80 staff now located at Insight's expanded offices at 200 Park Avenue, New York. The North American business has been operating locally as Insight Investment since July 1.
Cliff Corso, Chief Executive Officer at Insight in North America, said: "We now have the structure to grow and fulfil our ambitions, operating from within an autonomous investment boutique that provides a supportive philosophy and culture. US investors have historically prioritized domestic strategies and the team in New York has a long and competitive track record. The influence of global investment markets on the US market continues to increase, so the fact that our North American investment professionals are now part of a formidable 100-member strong global fixed income team ultimately strengthens our proposition."
Insight has 199 investment professionals globally; of 675 staff in total. The firm has $603 billion2 in assets under management globally and is focused on fixed income, solvency management and solutions, absolute return and unconstrained strategies. Heritage businesses Insight Pareto and Cutwater Asset Management have had a significant presence in North America since 1991.