UK funds business rises from the ashes
The UK funds business of Phoenix Fund Services has grown more than 60 percent in 2012 and now administers total funds under management of £850 million.
Anthony Wolfe, business development director said: “Phoenix is delighted that it’s UK funds business has grown so strongly in the past year in a harsh investment environment.
“This growth has been based upon our support of specialist fund managers who have a clear investment proposition and, despite unhelpful markets, have a strong investment track record.”
