Mike Pinggera resigns from Insight

Added 17th February 2012

Mike Pinggera has left Insight Investment with immediate effect.

Mike Pinggera resigns from Insight

He has left the company with immediate effect and leaves the five funds he was manager of in the hands of his co-manager Steve Waddington and his team of six multi-asset managers.

The two managed Insight Investment’s Diversified Target Return (£131m in assets under management), Diversified Dynamic Return (£60m), Diversified High Income (£21m), Wealth Builder Balanced (£93m) and UK Dynamic Managed (£35m) funds.

Pinggera joined Insight in 7 January 2009 to oversee Insight’s multi-asset fund range. He was previously with Credit Suisse where he was head of multi-asset class solutions, managing a team of 14 and a multi-billion pound business.

Matthew Merritt, head of Insight’s multi-asset strategy, said: “Insight has experienced significant growth in its multi-asset business. Mike made a meaningful contribution to our business over the last three years and we wish him well in his future endeavours.”

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