Abchurch has extended its Private Client Investment Manager ('PCIM') offering to reflect recent changes to regulation surrounding Independent Savings Accounts (“ISA”).
Updates to ISA guidelines enable investors to hold AIM stocks as part of their tax-free ISAs. As a result, AIM shares are now attractive to a far greater range of private investors and these are best accessed through PCIMs. AIM-only investment funds also qualify. Abchurch’s long-established PCIM service is now extended to include many more fund managers in an even greater number of key UK cities.
Julian Bosdet, Senior Partner at Abchurch, said: “PCIMs are a vital investment audience for listed companies to engage with as they manage over £500 billion of wealth in the UK alone. Sitting in the middle ground between institutions and retail investors, investment from this investor class can improve liquidity and also reduce share price volatility. Actively targeting PCIMs can often consolidate a company’s shareholder base making it more attractive for institutional investors.
“The London Stock Exchange must be congratulated on successfully lobbying the Government in order to bring about these important changes that will give an added boost to AIM companies.”
Abchurch’s PCIM service is available to all Companies, both Official List and AIM, and it is not necessary to be an Abchurch financial PR client in order to take advantage of it.
Tel: +44 (0)20 7398 7701