Ignis Asset Management has made three appointments within its UK equity team. 

Mark Holden will manage the £112 million ($179 million) Ignis UK Focus Fund. Based in London, he will be working under Mark Lovett, chief investment officer, equities.  Holden was previously a partner, member of the investment committee and chairman of the equity and bond committee at Vestra Wealth.

Bilal Raja has been hired as a UK equity analyst to focus on project-based “deep dive” company analysis. Raja has extensive experience as a UK and European analyst, Ignis said in a statement.

Finally, Ralph Brook-Fox, the current manager of the UK Focus Fund, will be moving within the team to run the £173 million Ignis Balanced Growth Fund. Brook-Fox will continue to manage the UK Focus Fund until Holden joins the firm and will also work with Lovett in driving forward Ignis’ institutional mandates.