Insight
Investment, one of the world’s largest global asset management
companies, and financial technology company, RiskFirst, are joining
forces to significantly improve ease of fund modelling for the UK
defined benefit (DB) pensions market. Insight will upload data and
characteristics of its LDI pooled funds and its buy-and-maintain funds
into RiskFirst’s PFaroe modelling system, making them available for use
across RiskFirst’s UK client base of consultants and pension plans.
RiskFirst’s clients will be able to easily incorporate Insight
Investment funds – in which they may already invest or are considering
investing – in a broad range of analyses, delivering detailed
information to their fingertips and removing the need for funds to be
set up individually. At the same time, Insight will be able to provide
accurately modelled fund data directly to multiple existing and
prospective clients, reducing duplicate uploading to separate client
systems.
Simon Robinson, Head of Product Management, RiskFirst, says: “We are
pleased that the power and potential of PFaroe as an innovative and
collaborative industry platform continues to grow. By working with
Insight, we are transforming the way in which our clients can view and
analyse funds, creating a central point of access that improves
transparency, convenience and efficiency – thereby delivering
significant added value to their businesses and investment strategies.”
Joanna Howley, Head of Pooled Solutions, Insight Investment, comments:
“Providing detailed risk and cashflow data on a range of investment
funds used by mutual clients for risk hedging and cashflow management
through PFaroe allows clients to more easily check they have the optimal
investments to suit their needs. We see this creating an efficient,
effective framework for fund accessibility, modelling and analysis.”
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About Insight Investment
Insight is a leading asset manager currently managing over £600bn of
assets1 on behalf of leading pension funds, sovereign wealth
funds, corporations and insurers. A key focus for Insight over the past
15 years has been to help deliver outcome-oriented investment products
to clients helping them to manage unrewarded risks such as interest
rate, inflation and increasingly cashflow risks.
Insight’s range of pooled LDI funds can be used to manage both the
inflation and interest rate risks which impact the funding level of
pension schemes. Its innovative maturing buy-and-maintain funds are used
by investors seeking to invest in credit in a manner designed to mature
to meet pre-specified cash requirements. The range of LDI and maturing
buy-and-maintain funds can be structured in a customised fashion to
reflect each client’s individual risk profile and cash requirements.
1 As at 31 March 2019. Assets under management (AUM) are
represented by the value of cash securities and other economic exposure
managed for clients. Reflects the AUM of Insight, the corporate brand
for certain companies operated by Insight Investment Management Limited
(IIML). Insight includes, among others, Insight Investment Management
(Global) Limited (IIMG), Insight Investment International Limited (IIIL)
and Insight North America LLC (INA), each of which provides asset
management services.
About RiskFirst
RiskFirst is a financial technology company providing modern
technology solutions to Asset Owners, Consultants, Insurers and Asset
Managers to help grow and improve their business. Its core product
PFaroe® is web-based, available anytime and anywhere, and allows users
to evaluate risk from multiple perspectives and perform real-time
scenario stress testing. Initially targeted to defined benefit pension
plans, it is now the market leader in the UK and the US. Over 3,000
plans with more than $1.4tn in assets are now modelled on the PFaroe
platform. RiskFirst has also recently launched a global fixed income
attribution solution, which recognises the differing objectives,
timeframes and opportunity set of each user.
For more information please go to www.riskfirst.com
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