Redington

Institutional Investment Consultant

redington.co.uk/
Date Invested
February 2020
Status
Current

At a glance

£500bn
Assets under Consulting
4x
Increase in AuC over the last 5 years
c.90%
Recurring revenue

Redington provides framework-based, outcome-oriented investment advice, research and technology to some of the largest institutional investors in the UK, Europe and China. Advice is usually delivered face-to-face by a team of specialist advisors supported by Redington’s market-leading technology and manager research. The company employs over 160 people across offices in London, Bristol and China.

Our partnership

Phoenix is working with CEO, Mitesh Sheth, and the team to continue to focus on winning large new institutional customers including pension schemes, wealth managers, insurance companies and local authorities. Redington already has many customers outside the UK and the company is targeting further international growth by utilising the company’s technology platform to enhance distribution of advice and research.

“The investment by Phoenix is a positive, natural and planned next step for the business and one which we are very excited about. Phoenix has a track record in backing and supporting management teams to deliver on their strategic vision. Their investment demonstrates confidence in our people to continue to deliver Redington’s client service, unique culture and our ambitious strategy to help make 100 million people financially secure.”

Mitesh Sheth, CEO of Redington