Insight Investment has been awarded a fixed income mandate by the Pension Protection Fund (PPF), the UK equivalent of the US Pension Benefits Guaranty Corporation (PBGC), established by the Pensions Act 2004.
“Insight Investment have a wealth of knowledge and experience that will help enable the Pension Protection Fund to deliver its strategic investment objectives,” says Lawrence Churchill, Chairman of the PPF.
Abdallah Nauphal, chief investment officer at Insight adds that “this appointment demonstrates the strength of Insight’s offering in fixed income, as well as our commitment to providing tailored solutions to clients.”
The news follows the announcement from the Charities Aid Foundation this week that it had appointed Insight Investment to manage a fixed income portfolio.