Bestinvest enables IPO investments for clients

Collaboration with PrimaryBid

Eve Maddock-Jones
clock • 1 min read

Online investment platform Bestinvest has expanded its client’s investable universe, enabling them to invest in company IPOs and follow-ons.

Via a collaboration with  PrimaryBid, a capital markets technology platform, customers will be able to purchase shares on the former, which will then be held in their Bestinvest Investment Account. This will not be available within an ISA, SIPP, or joint account. Jason Hollands, managing director of Bestinvest, told Investment Week the new offering was part of the firm's "ongoing programme of improvements to Bestinvest", and complimented its push to cut down trading costs for clients across its platform. Spot the Dog: Number of consistently underperforming equity funds soars to 56 ...

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