AMP buys Interactive Investor

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AMP, the Australian financial services company, is to buy online personal finance company Interactiv...

AMP, the Australian financial services company, is to buy online personal finance company Interactive Investor for £52.1m. The purchase is intended to rapidly speed up the customer acquisition strategy of Ample, AMP's online wealth management and fund supermarket service, by providing immediate access to Interactive Investor's 1.2 million registered accounts. John Blowers, head of marketing and proposition at Ample, was managing director of Interactive Investor before being recruited to set up Ample. While Interactive Investor has been successful in attracting investors and acquiring ...

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