29 June 2018
•
Image:
Nucleus Financial chief executive David Ferguson
Nucleus Financial is set to float in London in the coming week in a deal that "could value it at £150m", according to reports. The platform, which has thousands of IFA clients, has more than £13.5bn of assets under administration.
According to Sky News, Nucleus intends to unveil an initial public offering on the junior AIM market on 2 July, with the deal involving raising "about £25m" from the sale of shares in the Edinburgh-based...
To continue reading this article...
Join Investment week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
