Intelliflo: 'Direct competitors should be concerned'

'More firepower'

Tom Ellis
clock • 2 min read

Intelliflo's direct competitors should be concerned about its access to "far more firepower" than it had available before its purchase by global fund house Invesco, Nick Eatock has warned.

Speaking to Professional Adviser, Intelliflo's executive chairman was bullish about the technology software provider's future under its new owners. "The reality is we have access to far more firepower than ever before," he said. "The people I would be concerned about would be our direct software competitors because, as I said, we now have far more access to investment and far greater ambitions." Asked what investment and commitments Invesco has pledged to Intelliflo, Eatock described its plans going forward as "pretty significant". "This is the best possible news UK advisers could ...

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