Insight diversified funds available through Friends Provident bond

Insight Investment today announces the addition of three multi-asset absolute return funds to the Friends Provident’s FRIENDS Wealth Solutions Bond.

The Insight Investment Diversified Target Return Fund, Insight Investment Diversified High Income Fund and Insight Investment Diversified Dynamic Return Fund are available to investors in the Friends bond which launched on 3 December 2007.

Insight’s ‘Diversified’ funds seek to offer a range of absolute return investment solutions to meet investors' needs and risk profiles. The Insight funds are part of a suite of funds that have been hand-picked by Friends Provident in response to customer feedback and to reflect current demand in the market.

Patrick Armstrong, co-head of Insight’s multi-asset group, said: “Insight’s Diversified range of funds invests across a range of asset classes and regions to create the best possible portfolio combinations that aim to deliver returns and reduce volatility through investment market cycles in line with investors' needs and risk profiles. A cash benchmark, coupled with increased powers of a UCITS III structure, can help us to target positive returns with less dependence on a rising market to achieve those returns.”

Martyn Gilbey, director, third party distribution, Insight Investment said: “Insight Investment is committed to developing innovative products that aim to meet the needs and risk profiles of investors. Volatility in global markets has underlined the need for investment solutions that cushion investors against such market movements. In our view, the case has definitely now been made for absolute returns as a way for investors to meet future goals and we are delighted that investors in the FRIENDS Wealth Solutions Bond can now benefit from access to Insight’s flagship Diversified range of funds.”

Christine Foyster, head of wealth management marketing at Friends Provident, said: “We’re delighted to be able to offer Insight’s range of funds as part of the ongoing development of our recently launched FRIENDS Wealth Solutions Bond.”