View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
November 29, 2021updated 07 Jun 2022 10:10am

AJ Bell to launch new app-only investment platform for retail investors

British investment platform AJ Bell has launched a new app-only investment platform, dubbed Dodl by AJ Bell, to make investing more accessible for retail investors.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

The app will provide Individual Savings Account (ISA), Lifetime ISA, Pension, and General Investment Account to users.

Investors will be able to use Apple and Google pay to pay money into accounts, in addition to debit card payments and direct debits payments.

It will offer a range of popular shares in UK-listed companies for those who are looking to invest in the brands they love. The company plans to add US-based companies to this list in the future.

Furthermore, the app will feature ‘themed investments’ which comprises funds focusing on core areas including healthcare technology, responsible investing and robotics.

The fund range will also include AJ Bell’s low-cost multi-asset funds, which invest in six different risk levels along with the company’s Responsible Growth fund.

AJ Bell CEO Andy Bell said: “Dodl by AJ Bell is for anyone looking for a low-cost, easy-to-use investment app to help them meet their investment goals such as saving for a house deposit, holidays or retirement.

“The intuitive investment journey and streamlined investment range will appeal particularly to those that are new to investing and want a simple way to manage their investments.”

Dodl, which will sit alongside the company’s existing consumer platform AJ Bell Youinvest, is set for a rollout in the first half of 2022.

The app will have an annual charge of 0.15% while no commission will be charged for buying and selling investments, according to the company.

In March this year, AJ Bell purchased mobile investment platform developer Adalpha in a bid to strengthen its offering for financial advisers.

Last year, the firm introduced a new service that added managed portfolio services (MPS) from rival discretionary fund managers to its platform.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International