Insight Multi-Asset team takes out protection on FTSE holdings

Former Insight investment director Steve Waddington, who has been co-manager on the multi-asset team's five funds since February, says exchange traded covered options on the FTSE 100 will allow the funds to capitalise on gains if they reach a certain point, rather than risk a sudden correction. "We want to protect against significant downturns in the markets," he says. "At the moment, it is not the time to have extremely strong commitments. "For instance, our exposure to equity markets we have through funds but we also get it through structured investments. "We are running certain inve...