Insight Investment Adds Two Strategic Hires to Expand U.S. Distribution Team
Insight Investment, a global investment manager with $909bn under management1&2 today announced the hires of Angela Ruane as Director of Business Development and Mark Henesy as Consultant Relations Manager at Insight North America.
Insight Investment, a global investment manager with $909bn under management1&2 today announced the hires of Angela Ruane as Director of Business Development and Mark Henesy as Consultant Relations Manager at Insight North America. Both will play key roles in strengthening Insight’s institutional relationships and driving the firm’s continued expansion in the U.S.
Jack Boyce, Head of Distribution for North America at Insight, said, “The U.S. represents a compelling growth opportunity for Insight and we continue to add to our world-class team. Angela and Mark will bolster our ability to deliver solutions to meet industry-wide challenges and help investors and their consultants build investment programs focused on certainty of outcome. As U.S. pension plans continue to shift from accumulation to decumulation, they have become increasingly focused on providing benefits to retirees. Insight is well positioned to work with investors and leverage its expertise to maximize investment outcomes,” he added.
Ms. Ruane most recently served as the Director, Institutional Business Development at Allianz Global Investors, working across multiple geographies and channels to deliver institutional solutions. Ms. Ruane joined the distribution team to expand its reach across the U.S. institutional market and is responsible for building engagement strategies with public retirement programs as well as OCIO firms, healthcare organizations and corporate plan sponsors. She is based in New York and reports to Jeremy King, Head of Business Development.
Mr. Henesy joined Insight from BlackRock where he spent almost a decade in operations and institutional client-facing roles with a particular focus on building relationships with investment consultants. He will work to increase Insight’s partnership with consultants as part of the firm’s strategy to support retirement plan sponsors as they look to meet their liability and liquidity needs. His hire completes the build out of the North America Consultant Relations team. He is based in New York and reports to Jon Morgan, Head of Consultant Relations, North America.
About Insight Investment
Insight Investment is a leading asset manager focused on designing investment solutions to meet its clients’ needs. Founded in 2002, Insight’s collaborative approach has delivered both investment performance and growth in assets under management. Insight managed $909 billion of assets as of June 30, 20201 across its core liability-driven investment, risk management, liquidity management, fixed income and credit capabilities. Many retirement plans in the U.S. are in the decumulation phase and are facing new pressures to ensure they have enough cash to cover their obligations. Insight builds unique outcome-oriented investment solutions to help plans manage risk, harness liquidity and maximise certainty. Insight Investment is owned by BNY Mellon, a global leader in investment management and investment services with $1.8 trillion in assets under management.
Insight takes responsible investment seriously. It was a founding signatory to the Principles for Responsible Investment (PRI) and has been integrating environmental, social and governance (ESG) considerations into decision-making processes for more than a decade. Insight’s approach is underpinned by the belief that ESG issues are important drivers of investment value. In 2016 it was given Tier 1 status by the Financial Reporting Council in recognition of "a good quality and transparent description of [our] approach to stewardship”3. In 2019, Insight was awarded A+ ratings across most of the relevant categories in the PRI survey4, a reflection of its ongoing commitment to integrating responsible investment practices across all aspects of its business.
More information about Insight Investment can be found at: www.insightinvestment.com.
1 As of June 30, 2020. Insight’s assets under management (AUM) are represented by the value of cash securities and other economic exposures, and are calculated on a gross notional basis. Insight North America (INA) is part of ‘Insight’ or ‘Insight Investment’, the corporate brand for certain asset management companies operated by Insight Investment Management Limited including, among others, Insight Investment Management (Global) Limited, and Insight Investment International Limited. Advisory services referenced herein are available in the US through INA only. Figures shown in USD. FX rates as per WM Reuters 4pm spot rates.
2 Insight’s assets under management includes assets managed for approximately 23 million pension plan participants across the world. Figures based on Insight’s clients reporting data to Wilmington’s ‘Pension Fund Online’ Blue Book as published in 2019.
3 The Financial Reporting Council is the UK's independent regulator responsible for promoting high quality corporate governance and reporting to foster investment. Among other activities, the FRC sets the UK Stewardship Code. To improve the quality of reporting, encourage greater transparency, and maintain the Code's credibility, the FRC assessed signatories based on the quality of their Code compliance statements. Full details are available at http://www.frc.org.uk/investors/uk-stewardship-code/uk-stewardship-codestatements
4 The PRI, launched in 2006, is an independent organization that works to understand the investment implications of ESG factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. More details are available at www.unpri.org/. Click here for further details.
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