interactive investor eyes London listing - reports

Formal decision yet to be taken

Mike Sheen
clock • 1 min read

Online retail investment platform interactive investor is set for a London flotation at a valuation of up to £2bn, according to reports.

Sky News reported on Thursday (19 August) that the UK-based fund supermarket has been in meetings with investment banks ahead of an initial public offering (IPO).  With more than 400,000 customers and £55bn in AuA, ii is second only to Hargreaves Lansdown by size in the UK market.  ii has made a number of acquisitions over the past few years. In 2019, it completed the £40m purchase of Alliance Trust Saving's adviser and D2C platform business. It brought together the two largest fixed-price retail investment platforms, which had a combined AuA of £36bn and some 400,000 customers at the...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Platforms

Schroders UK Platform Awards 2025: Entries are now open!

Schroders UK Platform Awards 2025: Entries are now open!

Celebrating the best of platforms and tech

Professional Adviser
clock 17 March 2025 • 2 min read
Adviser platforms post best quarter of the year for net flows

Adviser platforms post best quarter of the year for net flows

Top five adviser platforms accounted for 129% of annual net flows

Isabel Baxter
clock 27 February 2025 • 2 min read
Nucleus updates platform to support advisers with pension calculations

Nucleus updates platform to support advisers with pension calculations

Aims to help advisers keep up to date with complex changes

Isabel Baxter
clock 14 February 2025 • 2 min read