Portfolio to allocate 25% to hedge funds

Dutch asset management company Insinger de Beaufort has launched an offshore multi-manager investment programme, called the Managed Account, which has 25% of its assets allocated to hedge funds.

The portfolios underlying the multi-manager offering are being run by Guy Ester, Insinger's investment director.

It is available via a number of offshore wrappers, including Canada Life International's Premier Account bond, Royal Skan-dia's offshore portfolio and Friends Provident's offshore bond. It is