Absolute insight is a non-Ucits retail scheme that aims to produce positive returns in different market conditions, with a target net return of 4 per cent above cash.
It was launched nine months ago and comprises five Dublin-domiciled funds – European equity market neutral, UK equity market neutral, international equity market neutral, emerging market debt and currency. The funds will be available to IFAs on a stand-alone basis via fund supermarkets and platforms.
Insight says absolute return funds that invest across a range of asset classes are attractive to investors who want the high level of return that equities can provide without the volatility that occurs when markets fall.
Head of alternatives Reza Vishkai says: “The underlying funds are non-directional. In effect, they are market-neutral. Investors can use absolute insight to invest in all the funds or choose one or two of the funds.”