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insight re jigs currency team as department head

14 May 12

Insight Investment is making changes to its currency management team following the announcement that head of currency Dale Thomas is leaving the firm.

Insight Investment is making changes to its currency management team following the announcement that head of currency Dale Thomas is leaving the firm.

Thomas, head of currency management within the fixed income team, is leaving Insight at the end of May to, according to a company spokesperson, pursue another opportunity within the broader investment industry.

He is expected to confirm the details himself in the coming weeks.

Thomas has worked with the team for the past 17 years and joined Insight with its acquisition of the Rothschild business in April 2003. He is responsible for the currency allocation across non-UK-domiciled funds on behalf of the currency, money market and fixed income teams.

Recruitment is under way to name a replacement with an announcement expected soon.

In the meantime, Max Wahl, co-manager of the Absolute Insight Currency Fund, and Richard Nibloe, portfolio manager within the fixed income team, will take on Thomas’s responsibilities with Wahl becoming the lead manager of the currency fund.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.