Ignis Taps UCITS Specialist Merchant Capital As Advisor

May 23 2011 | 9:10am ET

Merchant Capital, having assisted Ignis Asset Management with the launch of its Luxembourg UCITS platform, will continue to serve the company in an advisory capacity.

Ignis Global Funds (SICAV), incorporated in October 2010, is an umbrella fund providing investors with a choice of investments in a range of several sub-funds. The first sub-fund to launch under the umbrella was the Ignis Absolute Return Government Bond Fund in March 2011.

Merchant Capital is the asset management division of Merchant House Group. Merchant’s team, led by Director of Asset Management George Cadbury, has advised the management and legal team at Ignis, providing support using its extensive experience after setting up the Merchant Funds UCITS umbrella.

Said Cadbury: “We are very pleased with the opportunity to work with Ignis in developing their new SICAV structure and feel a huge sense of satisfaction in seeing the successful launch of this project. The relationship recognizes the importance of Merchant Capital as independent specialists within the UCITS sector who can provide expertise and flexibility in helping large asset managers build these complex structures within constrictive time-lines.”

Ignis Asset Management, a Phoenix Group company, had about £76 billion in assets under management as of March 2011. Ignis specializes in fixed income, real estate, UK, European, U.S., Asia Pacific, emerging market and global equities, and fund of funds (including fund of hedge funds, private equity and real estate).


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Nicky Hilton To Wed James Rothschild

Aug 20 2014 | 5:23am ET

When it comes to husband-material, socialite Nicky Hilton is sticking with finance...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note