Asset Manager abrdn (formerly Standard Life Aberdeen) is purchasing Interactive Investor.
In Brief:
Interactive Investor is a UK stockpicking platform.
Its flat-free platform that offers an ISA, trading account or SIPP.
It currently has more than 400,000 personal investing clients.
What does this mean?
This is part of a recent buying spree by abrdn since its rebrand – the business has also bought Finimize and Nucoro’s Exo Investing in recent months.