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Phoenix Group Holdings (DI) (PHNXL)
509.00p
15:28 22/11/24
0.44%2.25p
Today's Low & High
507.00 / 511.00
Open / Previous Close
508.50 / 506.75
52-week range
6.44%30.80p
Volume
60,310
Market Cap(million)
£1,147.39m
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Phoenix Group Holdings (DI) - Overview
The purpose of FTSE250 Phoenix Group is to decommission closed life funds 'safely, innovatively and profitably' improving returns for customers and delivering value for its shareholders. A fund is defined as closed if no new policies are being sold. The group has £68.5bn of assets under management and serves more that six million policy holders. It has two core segments: life assurance (Phoenix Life) and asset management (Ignis Asset Management), which together employ around 1,200 people across the UK and Channel Islands.