On the eve of its first anniversary, Peter Murphy (pictured), managing director at Insignia Financial, the company behind Ballybunion Insignia Defined Returns Fund, spoke to SRP about the challenges he faced and why he is pushing for the UK market.

Ballybunion Insignia Defined Returns Fund, an Irish structured products fund that predominately invests in autocallables, was launched last year to generate long term growth and a target return of 7-9% per annum over rolling five-year periods. One year on, the fund celebrated its first anniversary with a performance track record of 9.7% for the year. There have been strong inflows in the past two months and this trend is expected to continue. If the markets are volatile and your timing is rea