Unio aims for over €20bn in assets over next five years

The new wealth management business formed by Irish Life following the merger of three of its subsidiaries was unveiled last week

Miċeál Gunning and Des McGarry of Unio: the company is looking to expand its market share and take on current leaders Davy and Goodbody. Picture: Fennell

Unio, the new wealth management business created by Irish Life after merging three of its subsidiary companies, is targeting further acquisitions as it seeks to grow its market share to more than €20 billion in assets under management over the next five years.

The new investment company was unveiled last week after Irish Life spun out three companies it had acquired over recent years – Invesco, Acumen & Trust and APT – into a single ...