IG Group announces acquisition of InvestYourWay
IG Group, a global leader in online trading, has completed the acquisition of InvestYourWay as part of IG’s strategic aim of expanding its product offering. This will assist IG in delivering on its partnership with BlackRock to offer a range of ETF-based investment portfolios, as per its previous announcement in July.
InvestYourWay is an online investment manager that builds bespoke investment solutions. The technology developed by InvestYourWay will be integral to the delivery of the ETF-based investment portfolios.
Michael Newell, Founder and CEO of InvestYourWay, joins IG to drive forward its investments offering.
Ian Peacock, Head of IG UK, commented: “We’re delighted to have acquired such an innovative business as InvestYourWay and look forward to working alongside Michael in his new role at IG. We believe that by combining InvestYourWay’s innovative technology and IG’s world class platform and development expertise we’ll be able to build a truly best in class offering in the investments space in partnership with BlackRock.”
For further information, please contact:
Kieran McKinney Head of Investor Relations 020 7573 0026
Chris Alfred PR Manager 020 7573 0319
Zaman Toleafoa 020 3727 1497
Joanna Starritt 020 3727 1741
Notes to Editors
IG is a global leader in online trading, providing fast and flexible access to over 10,000 financial markets – including shares, indices, forex, commodities and binaries.
Established in 1974 as the world’s first financial spread betting firm, IG’s aim is to become the default choice for active traders globally. It is an award-winning multi-platform trading company, the world’s No.1 provider of CFDs* and a global leader in forex, and it now offers execution-only stockbroking service in the UK, Ireland, Germany, Austria and Netherlands.
It is a member of the FTSE 250, with offices across Europe, Africa, Asia-Pacific, the Middle East and the US, where it offers limited risk derivatives contracts via the Nadex brand.
*Based on revenue excluding FX, published financial statements, September 2015.