Ignis Asset Management, formed by the merger of fund houses Resolution (RAM) and Axial, has officially launched today with "ambitious" plans for offshore expansion.
Latin for fire, burn or spark - Ignis has approximately £70bn of assets in RAM's multi-boutique and Axial's alternatives ranges. Axial will initially operate under its own brand, while RAM will adopt the Ignis banner from today. RAM's four joint venture boutiques - Argonaut, Cartesian, Hexam and Maia - all retain their individual identities. Ignis says it has strong plans to enlarge its Europe, Far East and North America operations. "The launch of Ignis Asset Management represents the start of a new and exciting future for the business as we look to build on our proven skills to cre...
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