BNY Mellon's decision to buy Insight Investment, announced today, focuses on Insight's highly-regarded fixed-income team - but the deal also highlights the asset manager's struggle to build a credible equities business.

Today's deal will finally separate Insight's successful fixed-income business, including the liability-driven investment unit, from most of the less successful equities division.

News Analysis: curtain falls on Insight's equities struggle

Phil Craig

Lloyds Banking Group

Analyses

Corporate/Industrial News

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