ADVFN Regulatory News (AFN)

1 Nov 2006 07:01

ALL IPO PLC01 November 2006 News release November 1, 2006Redmayne-Bentley & All IPO plc IPO Discretionary Service All IPO Plc and Redmayne-Bentley Stockbrokers are pleased to announce their forthcoming 'IPO DiscretionaryService' joint venture. This service will dramatically increase access to the IPO market for the privateinvestor by combining the All IPO platform and Redmayne-Bentley's discretionary investment management. Most UK IPOs are launched without the relevant documentation that would enable private investors to participate,but as professional financial institutions All IPO and Redmayne-Bentley can evaluate and apply for every IPOthat becomes available. All IPO and Redmayne-Bentley's innovative solution leverages All IPO'stechnical skills and market presence with Redmayne-Bentley's award-winning service to provide an onlinediscretionary platform that, not only opens access to a broad range of IPOs, but also removes much of thetime-consuming effort required to find, evaluate and apply for any IPOs that appear in the market. Using All IPO as the online customer platform, Redmayne-Bentley Investment Managers analyse available IPOopportunities and invest according to the requirements of the client. This significantly broadens the spectrumof IPO investments to which the private investor can gain exposure. Customers will enjoy the convenience of theunique and powerful All IPO online platform and also the full benefits of the award-winning service ofRedmayne-Bentley. Clem Chambers, CEO of All IPO said: "This innovative joint venture is a significant step towards levelingthe playing field for the private investor in the IPO segment. All IPO is very pleased to be working withRedmayne-Bentley and sees the joint venture as a perfect combination of skills needed to finally give theprivate investor the access to IPOs they desire and deserve." Stuart Davis, Partner at Redmayne-Bentley said: "This new service combines the strengths ofRedmayne-Bentley and All IPO to bring investors award-winning discretionary portfolio management with anexciting new flow of investment opportunities from All IPO." - ends - About All IPO All IPO provides a fully electronic end to end solution to brokers and issuers who wish to raise funds byapproaching retail investors. All IPO offers a fully automated platform for retail investors to take part in IPOs. Retail investors, who haveregistered with All IPO, are also able to sign up to receive email news alerts of upcoming IPO activity. Oncean on-line money laundering check is passed, registered members are able to view public prospectuses on-line andthen apply and pay for their subscription. Membership to All IPO is free. To sign up visit www.allipo.com and click "Sign up now". For further details, please contact: Francesca De Franco on 020 7070 0932 or email Francesca@allipo.com This information is provided by RNS The company news service from the London Stock Exchange