Make your money go further for just 25p per day

Investment platforms: coronavirus beneficiaries?

AJ Bell logo

As many companies continue to struggle and face a very uncertain future, interim results from two highly rated investment platforms highlight the appeal of the sector, but it comes at a price


AJ Bell: stunning results and a mighty valuation

AJ Bell (LON:AJB), one of the UK's largest investment platforms, announced terrific interim results for the six-months ending 31 March 2020.

Revenue rose 22% to £60.9m and profit before tax was up 28% to £22.7m (37% margin) as it saw a 22% increase in customers to 262,179. Total net inflows of £2.1bn resulted in assets under administration £48.3bn at the period end, down 8% due to the fall in…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on AJ Bell

Episode 2 of the Investor’s Champion Podcast

20/01/2024 · Podcasts

In this episode of the Investors Champion Podcast, Chris and Lee run through key news from the stock market. It's…


Downgrades | Bargains | Interest rate winners

18/01/2024 · Company Insights

Trading updates in the small cap world continue to come thick and fast with the usual…


More on IntegraFin Holdings

Investment platforms: coronavirus beneficiaries?

21/05/2020 · Company Insights

As many companies continue to struggle and face a very uncertain future, interim results from two…


More on Nucleus Financial Group PLC

Positive contact news in the hydrogen arena

09/02/2021 · Company Insights

A specialist engineering group covered here has secured a new contract for hydrogen storage. With significant…


Coronavirus impact: 23 Oct - what’s Victoria’s Chairman up to now?

23/10/2020 · Company Insights

Better known for its innovative flooring and carpets, this Kidderminster based flooring group is gaining a…


More Company Insights

Bonkers Bargains: new team, new plan and firmer footing

09/07/2024 · Argentex Group PLC

Sign-up to our free email updates

SIGN UP