Direct investment platforms: Sales drop off as new competitor surges into the field February 22, 2024 Sales on direct investment platforms trended downwards last year but still remained strong, as a new competitor to the market has surged into the field. Total direct market assets totalled £320bn last year, with £10.7bn of net new money coming in, data from Fundscape revealed. The £10.7bn in net flows was down 12.2 per cent [...]
‘Neo-broker’ Lightyear launches web app to compete with Hargreaves Lansdown February 12, 2024 While other start-up mobile platforms (known as 'neo-brokers') have begun to explore moving to desktop to compete with platform giants like Hargreaves Lansdown and AJ Bell, they have struggled to make the move to web.
Nvidia ranked second most popular stock by UK retail investors – but who came top? January 30, 2024 US chipmaker Nvidia was the second most popular buy among UK retail investors this month - but what was the most popular stock?
AJ Bell’s cashflow falls as cautious investors dip their toes back in the market April 20, 2023 Retail investment platform AJ Bell recorded a slowdown in the amount of cash flowing onto its platform in the first three months of the year even as customers bumped upwards, in a sign DIY investors are edging back into the market.