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 ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
