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Insight hires names ex-Amex AM CIO Burgess

UK - Insight Investment says it has named Mark Burgess from American Express Asset Management as head of equities.

It said that Burgess, chief investment officer at Amex AM, is expected to join in March 2004 and that he will report to Insight’s CIO Abdallah.

Burgess, 41, would have responsibility for Insight's equity investment research and management across all markets. American Express Co. recently bought Threadneedle Investments from Zurich Financial Services for 482 million euros.

"We are delighted to have secured Mark's appointment,” said Nauphal. “He is a talented investor and we are confident that he has the skills and experience to further develop Insight's already strong investment and research teams.

“His focus on managing the teams and helping us to develop leading-edge investment processes will be important contributors to our success as a provider of high quality investment products and solutions to our clients."

Threadneedle’s CIO is Sarah Arkle.

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