Resolution Asset Management is to re-brand as Ignis in November as it merges with Axial Investment Ma...
The groups said there will be little change to the underlying business and Resolution’s joint venture boutiques will not be adopting the new name.
Specialist fund provider Axial will initially retain its own identity at launch but both entities will work together to develop products. Sales and marketing will be dealt with by a single Ignis team.
Gavin Stewart will continue as chief executive of Ignis.
New hires for launch
Blake Hutchins, manager of the Investec UK Equity Income fund, has revealed a number of financial services companies are among his favoured holdings to provide sustainable, growing dividends.
Flipped autos from long to short book
Director of compliance fills role
Shares down 1.4% in early morning