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Seneca fund manager offers view on AJ Bell IPO

 

With investment platform AJ Bell safely now listed on the Stock Exchange, having been priced at £1.60 per share after its oversubscribed IPORichard Parfect, fund manager at Seneca Investment Managers, one of its largest shareholders, told GBI Magazine:

“We’re pleased that AJ Bell has reached this stage in its evolution. We look forward to continuing to play a part in the growth of AJ Bell and are delighted that one of our funds’ earliest investments has been such a material benefit to our investors. Well structured, easy to use, and fairly priced platforms have a compelling place to enable customers to manage their savings portfolios. A market listing should help raise the profile of the platform and it’s feasible that others will follow.”

 

 

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