Insight appoints two managers from UBS to run funds of funds service from January 2004

Insight Investment has hired two UBS managers to run its fund of funds service from January, replacing Bambos Hambi and his team, who are moving to Gartmore. Patrick Armstrong and Ana Cukic-Munro are part of the UBS European Wealth Management Service, as heads of fund and manager selection and portfolio construction respectively. Within the group's managed accounts, the two are responsible for more than £3bn in private client assets, around five times the £720m Insight has across its 16 multi-manager portfolios. At Insight, they will be co-heads of multi-manager, reporting to managing ...