We’re delighted to share the news 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.
The success of the platform reflects the market opportunity presented by ETFs. It’s testament to the ability of the funds to offer wide choice and diversification at a low cost. As such, PwC has forecast that global ETF AUM could grow to more than $20 trillion by 2026.
In fact, InvestEngine’s growth has continued apace since the milestone, with the AUM now sitting at over £570 million.
Our co-founder and Managing Director, Andrey Dobrynin, said: “The £500 million milestone is a great moment for us. It underlines the growing demand from consumers to be able to invest better. We make investing easy, automated and affordable, overcoming all of the issues that investors previously faced, and based on the feedback we receive from customers it’s working.
“The benefits of ETFs are clear, and we’ve been working tirelessly to bring these benefits to experienced and new investors alike, providing features that enable people to take greater control of their investments.
“The recent launch of our pension product and new features like Savings Plans, coupled with our recent accolades as a top provider in the investment space, is a testament to what we’ve achieved in the last few years. I’m looking forward to the years ahead, as the ETF market continues to grow, and we work to help more people utilise them in increasing their long-term wealth.”
Important information
Capital at risk. The value of your portfolio with InvestEngine can go down as well as up and you may get back less than you invest. ETF costs also apply.
This communication is provided for general information only and should not be construed as advice. If in doubt you may wish to consult a professional adviser for guidance.
Tax treatment depends on personal circumstances and is subject to change, and past performance is not a reliable indicator of future returns.