Insight Investment’s Dale Thomas is to leave his post as head of currency management within the fixed income team in June.

The firm has confirmed to WealthBriefing that, having spent 17 years with the fixed income team, Thomas has decided that it is “time for a fresh challenge”.

Meanwhile, Max Wahl and Richard Nibloe will assume responsibility for the Absolute Insight Currency Fund, as well as the firm’s broader currency activity.

Thomas joined Insight Investment in April 2003, following the acquisition of Rothschild Asset Management. As head of currency management, he was responsible for currency allocation across all ex-UK funds.

In February, it emerged that Mike Pinggera, former manager of retail multi-asset funds, had resigned from his post in order to pursue other opportunities.