Bestinvest IPO Research

Bestinvest announces new partnership with PrimaryBid, opening up the world of new share offerings for Bestinvest customers。Bestinvest was founded as far back as 1986, and it's hard to believe the company hasn't been in the business until now.。

However, by working with PrimaryBid, they have made the process of IPOs and secondary placements as simple and clear as possible.。

Jason Hollands, Managing Director of Bestinvest, said: "We are excited to offer this new feature as part of our ongoing improvement program for Bestinvest.。These activities are now usually carried out through placements and account building among institutional investors。The benefit of this partnership is that it allows private investors to invest in new issues on the same terms as institutional investors, rather than as second-class citizens.。"

Introduction to Bestinvest

Bestinvest is affiliated with Evelyn Partners, one of the UK's largest wealth managers, and manages nearly £55bn of funds.。

Evelyn Partners dates back more than 180 years。Bestinvest is a smaller company that manages around £3bn on behalf of its more than 50,000 clients.。

How to invest in new shares？

To invest in new shares, Bestinvest customers can connect their existing Bestinvest accounts to the First Bid by simply creating an account on the First Bid and adding their Bestinvest account.。

You can create an account on the Junior Bid website by clicking on the dedicated link on the Bestinvest website。

You will need to provide details such as your name and address, date of birth, nationality and NI number to the Junior Bid。

Any new share purchase you make through PrimaryBid will be paid and settled from your Bestinvest account。

Please note, however, that you need to have sufficient funds in your account to cover the IPO fee。All applications made through primary bidding are binding and cannot be cancelled once an order is placed。

PrimaryBid & London Stock Exchange

PrimaryBid has helped manage the share offerings of more than 270 UK listed companies from the FTSE 100, FTSE 350 and AIM indices, including issuers such as Ocado, Taylor Wimpey and Aston Martin Lagonda。

More recently, junior bidders have helped Rhubarb Group and Severn Trent raise funds through subsequent or secondary offerings.。

UK and European IPO Markets

Initial public offering markets in the UK and Europe have been in the doldrums of late, with the London Stock Exchange keen to attract a London listing of ARM Holdings。

However, its parent company SoftBank (SoftBank) has another idea, choosing to list in New York.。

According to data from Ernst & Young, IPO activity in the UK and Europe so far in 2023 is lower than in 2019, raising only 84.0 billion euros or 73.400 million pounds。

None of Europe's top five IPOs this year listed in London, and only four of those listed on the London Stock Exchange in 2023 were worth €30m or more (£26.2m).。

Jason Hollands added: "The IPO market has been sluggish over the past few years due to economic uncertainty, but it is likely to lead to a large number of companies waiting for the right time to go public when conditions improve.。Therefore, launching this service will enable Bestinvest's customers to participate in these opportunities as they arise.。"