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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.
Latest Phoenix Group Holdings (DI) share trades
Date Time Buy/Sell Amount Price Value
24/05/12 04:40pm Buy 3635 447.42 16263.59
24/05/12 04:35pm Buy 3704 445.00 16482.80
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