Absolute Insight Currency Fund Class B3p Sterling Shares

Name
Absolute Insight Currency Fund Class B3p Sterling Shares
Manager
Insight Investment Mgmt (Global) Ltd
Type
Open Ended Investment Company
ISIN
IE00B2QV7543
Sector
Targeted Absolute Return
Launched
03/02/2010
OCF
0.97 %
3 Year Sharpe
-2.03
Yield
0 %
Benchmark
EURIBID 3 month Yd EUR
The investment objective of the Fund is to provide attractive, positive absolute returns in all market conditions. The Fund’s overall policy consists of two distinct elements. First, the Fund seeks to generate long capital growth, primarily through obtaining exposure to a range of global currencies (as set out in the table below) by using a full range of financial derivative instruments. Second, the Fund will maintain a portfolio of Liquid or Near Cash Assets. This asset class will be held both as an absolute return producing asset class in its own right, and also to provide liquidity and cover for exposures generated through the use of financial derivative instruments.
Holding %
United Kingdom of Great Britain and Northern Ireland 0% 9.44 %
ILF GBP Liquidity Plus 2 8.47 %
Bank of Nova Scotia 1.17% 4.07 %
BNZ International Funding Limited (London Branch) 1.37% 2.71 %
Westpac Banking Corporation 1.02% 2.71 %
European Investment Bank 1.02% 2.71 %
OP Corporate Bank plc 1.1% 2.70 %
National Australia Bank Limited 1.17% 1.36 %
ILF GBP Liquidity 6 0.36 %
ILF EUR Cash 6 0.00 %
Name
Insight Investment Mgmt (Global) Ltd
Address
EC4V 4LA, London, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

Francesca Fornasari
Joined 07/01/2019

Francesca is a portfolio manager on the Goldman Sachs Asset Management Fixed Income and Currency team, focusing on developed markets. She joined Goldman Sachs in 2006 as a portfolio manager and was named managing director in 2010. Prior to joining the firm, Francesca worked at Morgan Stanley from 2003 to 2006 and was a senior foreign exchange strategist. Prior to this, she held a similar position at Lehman Brothers, which she joined in 1999 from the World Bank. Francesca earned a master’s degree and a PhD in Economics from Georgetown University in 1998 and a BSc in Monetary and Financial Economics from the University of Geneva in 1993.

Max Wahl
Joined 02/28/2007

Max joined the Fixed Income Group at Insight in April 2003 following its acquisition of RAM. He is a member of the Currency Team which is responsible for currency allocation across ex-UK funds. Max joined RAM in 1998 as a graduate trainee within their International Bond Team. Max holds a BSc honours degree in Economics from the London School of Economics and Political Science.

Richard Nibloe
Joined 02/28/2007

Richard joined Insight in April 2003 following the acquisition of Rothschild Asset Management Limited (RAM) as both a Foreign Exchange Portfolio Manager and Dealer within our Currency Team. Richard’s investment career began in 1985 when he joined the treasury division of NM Rothschild and Sons where he spent 13 years trading in a variety of areas, including foreign exchange and precious metals. He transferred to RAM’s Trading Team in 1998 and progressed to be Assistant Director of foreign exchange dealing. He has considerable experience in trading differing instruments, including running options books and trading metals products.

Data provided by Morningstar.

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