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Timmerman to head new Ignis Advisers


Ignis, a $111 billion asset management company in the UK, has hired Michiel Timmerman to head its newly consolidated alternative and retail multi-manager business Ignis Advisers.

Michiel Timmerman

At launch, Ignis Advisers is a $3.7 billion business unit that combines the fund of hedge funds, funds of real estate, funds of private equity and $173 million retail multi-manager capabilities of Ignis.

Much of the alternative assets have come from Pearl Group’s alternative investments and the plan is to grow the alternatives business through attracting both Phoenix group and third party assets. Ignis manages all