May 22, 2013 10:42 AM ET

Capital Markets

Company Overview of Ignis Asset Management

Company Overview

Ignis Asset Management is a privately owned investment manager. The firm provides its services to individuals and institutions. It manages separate client focused portfolio. The firm also manages funds for its clients. It invests in the public equity and fixed income markets. It operates as a subsidiary of Pearl Group Holdings (No 1) Limited. Ignis Asset Management was founded in 1983 and is based in Glasgow, United Kingdom with additional office in London, United Kingdom.

50 Bothwell Street

Glasgow,  G2 6HR

United Kingdom

Founded in 1983

Phone:

44 14 1222 8000

Fax:

44 14 1222 8300

www.ignisasset.com

Key Executives for Ignis Asset Management

Chief Executive Officer and Director
Executive Vice President and Head of International and Alternative Sales
Head of European Equities
Head of U.K. Sales and Distribution
Chief Economist and Investment Manager
Compensation as of Fiscal Year 2012.

Ignis Asset Management Key Developments

Ignis Asset Management Reports Earnings Results for 2012

Ignis Asset Management reported earnings results for 2012. The company has reported a drop in profits to £43 million in 2012, down from £46 million in 2011, in what it described as a year of transition. Last year the firm closed the door on its joint boutique ventures with the likes of Argonaut Capital Partners. The restructuring costs involved to do this, along with the discontinuation of its life company administration services, contributed to the profit fall.

Ignis Asset To Sell Stockley Park

Ignis Asset Management is seeking to sell its Stockley Park in Heathrow. It has instructed BNP Paribas to seek offers in excess of £20 million.

Ignis Selling Hill Street Centre

Ignis Asset Management is selling its Hill Street Centre in Middlesbrough for £56.5 million, at a yield of 8.5%. Jones Lang LaSalle has been appointed to market the 235,000 square feet centre.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 4, 2013
Ravenhurst Court Industrial Estate
Merger/Acquisition
February 4, 2013
2-8 Buchanan Street, Glasgow
 

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