Following the acquisition of Rothschild Asset Management by Insight Investments, 140 job losses have been announced. Many of the job losses are management and analyst roles although many are likely to be offered alternative roles. The chief investment officer at Insight said that the best people were taken from each company in order to move forward. Fourteen fund teams will move forward with the merged company, covering areas such as specialist funds, equities, fixed income and socially responsible investments. Some of the Rothschild funds have been retained including Five Arrows North American Opportunities, Five Arrows UK Major Companies and Five Arrows European Opportunities.
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