Ignis Asset Management
File:Ignislogo.jpg | |
Company type | Private |
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Industry | Financial Services, Investment Management, Asset Management, Fund Management |
Headquarters | , United Kingdom |
Key people | Clive Bannister, Chairman Chris Samuel, Chief Executive Chris Fellingham, Chief Investment Officer Claude Chene, Global Head of Distribution Jim McConville |
Website | http://www.ignisasset.com/ |
Ignis Asset Management is an asset management company with head offices in Glasgow and London. Ignis, formerly Resolution Asset Management,[1] manages around £68.3 billion* of assets. *Source: Ignis at 31 December 2012 (including £9.3 billion of stock-lending collateral)
Ignis, which is the Latin word for fire or spark, merged with Axial Investment Management in November 2008.[2]
Ignis' parent company, The Pearl Group, changed its name to The Phoenix Group in 2010.[3]
In 2011 Ignis introduced a business unit structure covering six areas: Fixed Income, Equities, Real Estate, Advisors (a specialist alternatives fund of funds team), Solutions (Liability Driven Investment, Asset Liability Management and related risk mitigation) and Partners (fund management businesses operating in partnership with Ignis).[4]
Joint ventures
The Ignis joint ventures are Argonaut Capital Partners and Cartesian Capital Partners:
Argonaut Capital Partners: [1] A European high alpha boutique set up as a joint venture between top fund managers Barry Norris and Oliver Russ and Ignis Asset Management. Argonaut Capital Partners have management control, owning 60% while Ignis has an equity stake of 40%.
Cartesian Capital Partners: [2] A UK equity boutique launched at the end of 2005.
References
- ^ Business week: Ignis Asset Management http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=8121978
- ^ Resolution and Axial to rebrand as Ignis http://www.investmentweek.co.uk/investment-week/news/1357905/resolution-axial-rebrand-ignis
- ^ Pearl Group arises as Phoenix Group Holdings http://www.insurancedaily.co.uk/2010/02/21/pearl-group-arises-as-phoenix-group-holdings/
- ^ Ignis merges multi-manager teams into Ignis Advisers http://www.moneymarketing.co.uk/investments/ignis-merges-multi-manager-teams-into-ignis-advisers/1022785.article
External links
- Ignis Asset Management website
- Ignis Argonaut Capital Partners website
- Ignis Cartesian Capital Partners website