We’re delighted to share the news with you, our community, that in April InvestEngine passed £500 million in assets under management!
This represented a 70% increase in assets over the last four months - it’s a huge milestone for the company and one that everyone in the business has been looking forward to. We’re looking forward to seeing how quickly our AUM can continue to grow in the rest of 2024 and beyond!
We’d also like to say a big thank you to our @Shareholders for being such an important part of the InvestEngine journey so far, and for helping us get to where we are today!
Check out the announcement video on LinkedIn!
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Be interesting to see how much of this is due to deposits and how much is due to investment growth.
Would be great to be able to illustrate the positive stories around using ETFs versus stock picking.
Think this would encourage more investment.
You could add disclaimers…
Trading 212 and the like have to put
"79% of retail CFD accounts lose money”.
IE could put
“99.9% of IE managed/DIY accounts make money”
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It’d be quite a talent to have lost money on IE over the past year haha
Invest Engine (IE) deserves resounding applause for an extraordinary milestone – amassing an impressive £500 million in assets under management (AUM). This remarkable feat is even more remarkable considering the relatively short timeframe in which it was accomplished.
While IE’s AUM may be one-seventh (to 1/8th ish) of the Trading212 Investments £3.5 billion, this achievement is a testament to IE’s strategic prowess and unwavering commitment to growth.
Once the Pensions Transfer-In is enabled, this growth would reach further to £1bn in no time. (Hope they do it before Trading212 starts Pension accounts).
Good luck and well done!!!