UK funds business rises from the ashes 16 January 2013London Reporter: Georgina Lavers
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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.”
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