Asset owners set to insource more amid growing turmoil

Widespread moves by institutional investors to de-risk their portfolios look timely as global economic growth slows and the pessimism deepens over a near-term resolution to either the US-China trade war or the Brexit negotiations. As part of this, some asset owners in developed markets appear increasingly eager to increase the amount of investments they conduct in-house Among them is the Wellcome Trust, a British medical research charity with £20 billion ($24.4 billion) under ma…