Share PLC Acquisition of Accounts from J.P. Morgan Completed
01 Ottobre 2019 - 8:01AM
RNS Non-Regulatory
TIDMSHRE
Share PLC
01 October 2019
The Share Centre completes acquisition of accounts from J.P.
Morgan Asset Management
The Share Centre, a leading UK independent retail stockbroker,
announced on 9 April 2019 it had agreed to acquire an active book
of accounts from J.P. Morgan Asset Management and the migration
would commence in September.
We are now pleased to announce the successful transfer of these
accounts, with over 13,000 accounts being on boarded with The Share
Centre over the weekend. The accounts hold a range of J.P. Morgan
Investment Trusts and/or OEICs and following the migration,
customers are able to invest in a wide range of investment vehicles
through the platform.
As a strong advocate of investment trusts, we launched our
preferred list of investment trusts in 2016 and continue to
research and update this in order to help personal investors
navigate the market. This acquisition further positions The Share
Centre as a leading provider of administration services to those
investment trust managers wanting to ensure retail investors have
the best possible service when choosing to invest in their
products.
Commenting on the acquisition, Richard Stone, Chief Executive of
The Share Centre said: "I am delighted to welcome these customers
to The Share Centre and we look forward to helping these customers
work towards their investment goals. This acquisition from J.P.
Morgan is in line with our stated aim of growing our business
through strategic acquisitions and partnerships and continues our
efforts to support personal investors.
"At the heart of our business is the relationship with our
customers and high quality customer service is central to all that
we do. We have an experienced team, are proud of the service we
offer and look forward to providing our new customers and investors
in J.P. Morgan investment trusts with a secure home and trading
service for their investments."
--Ends--
Notes to editors
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For additional information, please feel free to contact:
Jenny Burke Holly Deegan
PR Manager Senior PR Coordinator FTI Consulting
The Share Centre The Share Centre 020 3727 1673
01296 439 129 01296 439 425 thesharecentre@fticonsulting.com
jenny.burke@share.co.uk holly.deegan@share.co.uk
Risk Warnings:
Investing in general, and the products and services mentioned
above may not be suitable for all: if in doubt, individuals should
seek independent financial advice. The value of investments and the
income from them can go down as well as up and investors may not
get back their original investment. Past performance is not a
reliable indicator of future performance.
The bases and levels of taxation relating to ISAs, CTFs and
SIPPs are subject to change and the value of these tax allowances
may depend upon the circumstances of the individual.
The Share Centre Limited is a member of the London Stock
Exchange and is authorised and regulated by the Financial Conduct
Authority under reference 146768.
Registered in England No. 2461949 Registered office - Oxford
House, Oxford Road, Aylesbury, Bucks, HP21 8SZ.
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END
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