Waddington joins from BT Financial, the Australian investment and wealth management group where he was co-founder of the investment solutions multi-manager operation, responsible for due diligence, investment allocation and portfolio construction.
James de Bunsen has also been appointed to the multi-asset group as an investment analyst. after joining the Company in 2005.
Last October Insight, which is the asset manager of HBOS plc, added the diversified high income fund and the diversified dynamic return fund to its diversified multi-asset absolute return range.
Insight’s multi-asset group co-head Patrick Armstrong says: “We are extremely pleased to welcome Stephen and James to the multi-asset group. Stephen’s expertise, particularly within equity and property manager selection, further strengthens our capabilities and enables us to push ahead in developing dynamic and diverse multi-asset portfolios. We expect to be able to leverage his experience to allow us to capitalise on the flexibility that Ucits III affords to our diversified family of funds.”