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Insight takes lead role for Children’s Mutual CTF

The Children’s Mutual has appointed Insight as lead fund manager for its child trust funds.

Insight will provide the vehicle for the Children’s Mutual’s stakeholder child trust fund using the foundation growth fund FTSE All-Share tracker managed by Paul Chu.

Insight’s European ethical and evergreen funds, managed by Alex Illingworth, will be available for the Children’s Mutual’s non-stakeholder child trust fund.

The European ethical and evergreen funds aim to appeal to parents who want CTF investments to be managed in a socially responsible way.

Philip Milton director Philip Milton says: “It is an interesting appointment because I do not see Insight as an investment firm that I would automatically go to. It will not change what we are doing as far as children’s investment planning is concerned.”

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