UK – Insight Investments and Russell Investment Group have teamed up to offer customised liability-driven investment solutions to mid-sized UK pension funds.

They said the offering, available from May 2006, would target schemes with between £50m-£250m in assets.

It would allow them to benefit from “bespoke investment solutions” that focus on their liabilities. Financial terms of the alliance were not revealed.

“This alliance of complementary skills creates a compelling proposition for pension schemes. Insight is a leading player in liability driven investment, managing over £24bn in liability solutions in both pooled funds and segregated mandates,” said Insight’s distribution head Charles Farquharson.

“To work with such a renowned global firm as Russell enables Insight to offer solutions to a wider client base both in terms of pension fund size and geographic location.”

“Defined benefit pensions have battled through heavy weather in recent years,” added Russell’s Pascal Duval, managing director of institutional investment services.

“We believe that the combination of Russell’s leading-edge multi-manager proposition with Insight’s pioneering experience in the development of liability driven investment strategies will be a compelling offering for mid-sized funds in the UK.

“We look forward to working together to bring our clients innovative LDI solutions in a cost-effective, customised way.”

Topics