This content is from: Innovation

Ignis Reshuffles U.K. Equity Team

Ignis Asset Management has appointed Vestra Wealth’s Mark Holden and restructured its U.K. equity team.

Ignis Asset Management has appointed Vestra Wealth’s Mark Holden and restructured its U.K. equity team, Financial Times reports. Holden, a partner at Vestra, will take over the management of the £112 million Ignis U.K. Focus fund later in 2011.

In his new role, he will work under Mark Lovett, CIO for equities at Ignis. Ralph Brook-Fox, the current manager of the fund, will be responsible for the £173 million Ignis Balanced Growth fund. Additionally, Bilal Raja has been added to the team.

Click here for the story from Financial Times.

Click here for additional coverage from FundWeb.

Related Content