LCCG subsidiary buys offshore bond portfolio from Athora

Pedro Gonçalves
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LCCG subsidiary buys offshore bond portfolio from Athora

Utmost Ireland DAC has concluded the purchase of the entire offshore bond portfolio of Athora Ireland from Athora Holding. The portfolio comprises about £3bn of assets under management for approximately 7,000 UK-based customers. "We are very pleased to have completed the transfer of the offshore bond portfolio from Athora and to welcome the customers, staff and distribution partners of Athora Ireland's international investment bond business to our group. "This portfolio will be re-open...

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