Ignis Asset Management is pleased to announce the recruitment of Mark Lovett as Chief Investment Officer (CIO) – Equities. Mark will join Ignis on Monday 4 October and will be responsible for overseeing more than £10 billion of institutional and retail equity assets across Ignis’ proprietary fund range.
Mark is a very experienced investor who has worked for a number of leading asset management firms. Most recently he was CIO UK and European Equities in London for Allianz RCM. Mark was also Chairman of the Allianz RCM Asset Allocation Committee in London and a Board member of the London Executive Committee. In addition, Mark was also a member of Allianz RCM’s seven-strong European Management Group responsible for the management of all aspects of the investment platform across both London and Frankfurt. He has extensive knowledge of the third party investment market and is well regarded by investment consultants.
Mark will report directly to Ignis’ CIO, Chris Fellingham, who recently joined Ignis Asset Management from Soros Fund Management.
Chris Fellingham, CIO, Ignis Asset Management, says:
“Mark brings a wealth of experience with him and will be responsible for developing Ignis’ equity proposition primarily focusing on the delivery of superior fund performance. Ignis has a number of excellent equity investors and recruiting Mark enables us to build on that strength and drive forward our desire to produce the best possible returns for our clients.”
Mark Lovett, CIO – Equities, Ignis Asset Management, says:
“Ignis has taken a significant step forward in recent years and is now well positioned to move to the next phase of its growth strategy. This is an ambitious business that believes growth is best achieved through giving its fund managers the freedom to perform to the best of their ability – a philosophy I wholeheartedly embrace.
“Ignis has an established and broad range of equity funds. My primary focus will be to ensure that we maintain appropriate product and processes, while retaining and attracting the best possible talent, in order to grow our business and achieve superior returns for all of our clients.”
Mark Lovett career history
Allianz RCM – February 2002 to October 2010
CIO – UK and European Equities, Chairman of the Asset Allocation Committee in London, Board Member of the London Executive Committee and member of the European Management Group
Morgan Grenfell Asset Management – January 1998 to February 2002
Director of UK and European Equities
Fleming Asset Management – January 1995 to January 1998
Senior UK Equity Fund Manager
Baring Asset Management – 1986 to January 1995
UK Equity Fund Manager