Insight Investment Management (Global) Ltd, managed by the Valletta Fund Management (“VFM”) has joined forces with the currency risk management specialist, Pareto Investment Management Limited (“Pareto”) and certain of its affiliated entities.

The newly combined group brings together Insight’s expertise in Liability Driven Investment (LDI), active fixed income, multi-asset and absolute return solutions with Pareto’s active and passive currency risk management business to form a global investment management company with assets under management totalling £212.3billion*.

Insight Investment Management Limited is the sub-Investment Manager of a number of investment funds managed by Valletta Fund Management Limited (“VFM”). The Insight Group will remain a fully autonomous investment manager in BNY Mellon’s boutique asset management structure.

The combined group will be known as “Insight Investment” in the UK and Europe and amalgamates Pareto’s expertise in currency risk management with Insight’s capabilities in fixed income, multi-asset and absolute return solution. Mark Agius, Head of VFM said “VFM and its clients will benefit from this transaction which creates a global asset manager with a comprehensive investment solutions business.”