Ignis integration update
13 October 2014
Standard Life Investments, the global investment manager, has announced another step forward in the overall integration of Ignis Asset Management. The Ignis alternative rates capability will be embedded within Standard Life Investments, positioning it alongside the successful multi-asset franchise.
Commenting on the development, Keith Skeoch, CEO, Standard Life Investments, said:
“The acquisition of Ignis Asset Management is another step in Standard Life Investments’ growth story, deepening our investment capabilities, broadening our third party client base and strengthening our strategic position.
“The integration of the Ignis Absolute Return Government Bond Fund (ARGBF) is a natural extension of our absolute returns offering, complementing our world-leading suite of absolute return products.
“Chris Fellingham, who has been CIO of Ignis since 2010, has 30 years’ experience in the industry and extensive expertise in running global macro funds, will oversee the embedding process and will assume direct responsibility for the ARGBF fund. Jonathan Gibbs and Adam Skerry from Standard Life Investments’ inflation team will assume additional responsibilities for the ARGBF strategy. Their combined expertise in inflation products will be a highly-valuable addition to the team.
“Our robust and repeatable investment process, combined with the intellectual capital that underpins our investment capabilities, gives us confidence that we will continue to produce strong fund performance and deliver outcome oriented client solutions in the future.”