Merchant Capital will act as the advisor on Ignis Asset Management’s recently-launched Sicav umbrella on an ongoing basis, it has been confirmed.
The firm, which is the asset management division of Merchant House Group, will advise the management and legal teams working on the Luxembourg Ucits umbrella Ignis Global Funds.
Merchant Capital previously aided the asset manager in the construction of the Ignis Absolute Return Government Bond fund, which launched on March 31. The product is the first sub-fund established under the new umbrella.
Ignis intends to launch a range of several sub-funds under the Ignis Global Funds umbrella in the future.