RAM and Axial joint venture to be called Ignis

RAM says Ignis – Latin for fire – is set to come into force in November as the umbrella brand for the group’s asset manager operations, excluding its boutique ventures. It says it will adopt the brand at launch, as will its subsidiaries, whereas Axial, launched last year as the investment management arm of Pearl Group, will initially retain its own identity. Gavin Stewart, who will be chief executive of Ignis having previously held the post at RAM, says: “The new group will be a very powerful proposition and we believe Ignis Asset Management is the name that best encapsulates its ethos,...