It’s the first anniversary of the Royal Mail IPO on Saturday and since the flotation price was struck at 330p, it has peaked at 650p and now hovers around the 400p mark.

Bristol based Hargreaves Lansdown says that for 28% of its clients, the Royal Mail flotation was their first stock market investment. For 34% it was their first stock market investment for five years, or more; and, for 75% of 18 to 39-year-olds who got involved in the IPO, they said that they would happily get involved in future IPOs.

The irony, says Hargreaves Lansdown, is that private investors have been excluded from 93% of main market IPOs this year.


Share this article

Related articles

Wesleyan: Putting investors’ needs first

Wesleyan: Putting investors’ needs first

Wesleyan, the financial services mutual that has stood strong for over 180 years, is focused on putting investors’ and fund holders’ needs first – not those of shareholders. Their financial strength underpins their investment philosophy and beliefs – as well as their...

Trending articles

IFA Talk logo

IFA Talk is our flagship podcast, designed to fit perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast - listen to the latest episode