Insight multi-asset head Pingerra quits

Mike Pingerra, the head of multi-asset at Insight Investments, is to leave the firm.

At Insight, Pingerra co-managed the £59.1m Insight diversified dynamic return fund, £21.3m Insight diversified high income fund, £132.3m Insight diversified target return fund, £34.8m Insight UK dynamic managed fund and £91.8m Insight UK wealth builder fund.

Pingerra’s co-manager Steve Waddington will remain at Insight and continue to manage the retail funds along with its six-strong manager team.

Insight head of multi-asset strategy Matthew Merritt says: “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.”