Transact sees consistent flows post-IPO - should others take confidence?

'Fear of missing out'

Tom Ellis
clock • 2 min read

Transact's first quaterly flows data published post-IPO on Tuesday showed good consistency and its stock has risen almost 50% since its float three months ago, so how does that bode for other adviser platforms looking ahead to their own IPOs?

Transact's parent firm IntegraFin holdings floated on the London Stock Exchange on 2 March at a value of £650m and its share price has since risen by around 45% in the few months since. The firm's 2018 Q3 results closely mirrored its 2017 Q3 results, with inflows totalling £1.47bn in the last quarter versus £1.39bn in 2017. Net flows for 2018 Q3 were £0.96bn versus £0.93bn in 2017 from the beginning of April through to the end of June. Transact CEO Ian Taylor said the firm reported "another solid funds under direction update". Nucleus' IPO is imminent while AJ Bell is reportedly eyein...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Platform service improvement: Why the industry needs a collective voice

Platform service improvement: Why the industry needs a collective voice

'As long as transparency is voluntary, it will remain selective'

Steve Nelson
clock 06 January 2026 • 4 min read
7IM's Lancaster: 2026 the year the transformation 'rubber hits the road'

7IM's Lancaster: 2026 the year the transformation 'rubber hits the road'

MD updates on programme and developments

Jen Frost
clock 06 January 2026 • 5 min read
Platforms have claimed their place at the core of investing

Platforms have claimed their place at the core of investing

'Platforms have been firmly in the middle of this proliferation'

Mark Sanderson
clock 05 January 2026 • 4 min read