1BF
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DAX Index
1BF
Over the past 12 months, 1BF has significantly outperformed DAX Index, delivering a return of +48% compared to the DAX Index's +25% growth.
Stocks Performance
1BF vs DAX Index
Performance Gap
1BF vs DAX Index
Performance By Year
1BF vs DAX Index
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Phoenix Group Holdings PLC
Glance View
In the realm of insurance and financial services, Phoenix Group Holdings PLC has emerged as a distinctive player, carving out a niche in the management of closed life insurance funds. This innovative approach has provided a lifeline to legacy insurance businesses, often seen as burdensome by larger firms. Essentially, Phoenix Group specializes in acquiring and managing these 'closed books'—existing insurance policies that are no longer open to new customers. By doing so, they not only relieve the original insurers of these liabilities but also leverage their expertise to efficiently manage and maximize the value of these long-term contracts, thereby earning a robust and predictable revenue stream. Phoenix Group’s business model operates much like a carefully tuned machine, where the strategy of buying closed books allows them to streamline operational costs, enhance customer engagement, and optimize cash generation. The company also generates revenue through fees for managing policies and investing in a wide array of assets. By balancing the legacy books with new acquisitions and maintaining a watchful eye on market opportunities, Phoenix ensures continued growth even in a mature market. It’s a business deeply rooted in financial prudence, with an eye for intelligent acquisitions and asset management that underscores its position as a steady pillar in the world of insurance.
