LONDON--(BUSINESS WIRE)--Introducing a completely new approach to investing, InvestYourWay is an online investment manager building bespoke solutions for individuals. Whether the client would like to invest in Europe or Asia, gold or platinum, InvestYourWay constructs a completely tailored fund for them in real time.
Every InvestYourWay Fund remains completely configurable throughout its lifetime. In order to achieve this, InvestYourWay uses a bespoke set of Contracts For Difference (CFDs) produced by IG, which do not use leverage, have no funding charges and trade at much smaller sizes (0.01 contract). Unlike Exchange Traded Funds (ETFs), CFDs do not incur any additional management charge, which allows the service to be made available for one flat management fee of 1% (incl. VAT) per annum.
Founder and CEO of InvestYourWay, Michael Newell, said: “The online investment landscape is changing and InvestYourWay has been established to provide a completely different type of experience. We go far beyond a simple risk score by allowing our clients to select the products which actually interest them. The result is an investment solution as unique as they are.”
InvestYourWay’s vision for a better investment management service began to take shape at the end of 2013 after securing a partnership with IG, a global leader in online trading and a highly respected FTSE 250 company. Building InvestYourWay into IG’s PureDeal platform means InvestYourWay will be immediately available to over 85,000 existing IG clients, across 31 European countries and with a choice of three base currencies (GBP, EUR, USD).
Jon Noble, CIO of IG, commented: “IG, as a global leader in online trading, has a 40 year history of technological and product innovation. InvestYourWay’s innovative technology, in association with IG’s market-leading CFD product offers another pioneering option for current and future clients, as part of an exciting suite of trading and investment products.”
As well as the support of IG, InvestYourWay is backed by a group of highly experienced and well-respected financial professionals including Mark Hemsley, CEO of BATS Chi-X Europe, Jack Vensel, former Global Head of Wholesale Services at Citigroup and Steve Swanson, former Global Co-Head of Electronic Trading at Citigroup.
Existing IG clients are being given the opportunity to apply for early access to the InvestYourWay service. For more information and to apply, please visit www.investyourway.com.
Notes to Editors
InvestYourWay is an online investment manager building bespoke solutions for individuals, by creating completely customised InvestYourWay Funds. Founder and CEO Michael Newell previously held positions at Goldman Sachs and the London Stock Exchange and was most recently Head of Business Development for BATS Chi-X Europe. InvestYourWay is also backed by a group of highly experienced and well-respected financial professionals including Jack Vensel, former Global Head of Wholesale Services at Citigroup, Steve Swanson, former Global Co-Head of Electronic Trading at Citigroup and Mark Hemsley, CEO of BATS Chi-X Europe.
InvestYourWay are partnered with IG, a global leader in online trading and a highly respected FTSE 250 company. InvestYourWay’s bespoke investment management service has been combined with IG’s award winning PureDeal platform. The InvestYourWay service creates each fund in its own, fully segregated, IG account. This enables clients to see exactly how their fund is constructed and watch its progress in real time.
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 already an award-winning multi-platform trading company, the world’s No.1 provider of CFDs* and a global leader in forex, and will be launching its new execution-only stockbroking service in late 2014.
It is a member of the FTSE 250, with offices across Europe, Africa, Asia-Pacific and the US, where it offers limited risk derivatives contracts via the Nadex brand.
*Based on revenue excluding FX, published financial statements, July 2014.
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InvestYourWay Ltd is a company registered in England and Wales under company number 07081901 whose registered office is Milestone House, 86 Hurst Road, Horsham, RH12 2DT. InvestYourWay Ltd is authorised and regulated by the Financial Conduct Authority under firm number 571875.