Andy Bell, chief executive and one of the founders, has built the business into a popular online investment platformThe boom in stock market investing has propelled revenues higher at one of Britain’s biggest trading platforms. AJ Bell, which was buoyed last year by a surge in activity as small investors piled into shares and funds, said that elevated trading levels in recent months had given it a further boost. SponsoredIt now expects to generate annual revenues that are at least £6 million more than the £136 million forecast by City analysts, the group said in an unscheduled trading update. Shares in the company rose 1.7 per cent to 415½p. Investment platforms such as AJ Bell and Hargreaves Lansdown, and financial betting firms including CMC Markets and IG Group, have emerged as big winners from the coronavirus outbreak.

Source: The Times March 29, 2021 22:52 UTC