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IG Group completes on InvestYourWay acquisition

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IG Group has completed the acquisition of InvestYourWay, as part of IG’s strategic aim of expanding its product offering. 

The firm writes that this acquisition will assist IG in delivering on its partnership with BlackRock to offer a range of ETF-based investment portfolios.
 
InvestYourWay is an online investment manager that builds bespoke investment solutions. The technology developed by InvestYourWay will be integral to the delivery of the ETF-based investment portfolios, the firm says.
 
Michael Newell, Founder and CEO of InvestYourWay, joins IG to drive forward its investments offering. Ian Peacock, Head of IG UK, says: “We’re delighted to have acquired such an innovative business as InvestYourWay and look forward to working alongside Michael in his new role at IG. We believe that by combining InvestYourWay’s innovative technology and IG’s world class platform and development expertise we’ll be able to build a truly best in class offering in the investments space in partnership with BlackRock.”

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