david ballance and nicholas malins-smith are among those without funds to run
At least 14 fund managers at Insight Investment have been stripped of their portfolios, including David Ballance, David Cryer and Nicholas Malins-Smith. The portfolio changes were the final result of Insight's merging its funds team with that of Rothschild Asset Management (RAM). Eleven of the affected managers are former lead or deputy managers on Insight funds, while the other three managed portfolios at RAM. Retail managing director at the group David Norman confirmed Insight is unlikely to find roles for all the managers not included in its finalised teams but could not comme...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes