US asset management firm Capital Group acquired a
substantial 5% stake in IG Group, coming after a similar investment in the London-listed
broker Plus 500 in June.
In a regulatory filing to the London Stock Exchange, Capital
Group notified the regulator that its voting interest had crossed the 5% threshold,
triggering a disclosure under UK transparency rules.
Capital Group Crosses 5%
The holding gives the asset manager a stake of roughly
one-twentieth of IG’s voting share capital, based on the company’s most recent
total voting rights update. According to RNS filing with theLSE on
Monday, the company’s total number of voting rights held in IG was 17,157,806.
It is important to note that, IG Group reported that, as of
31 December 2025, it had 361,557,868 ordinary shares in issue, including
21,548,034 shares held in treasury. This leaves 340,009,834 shares with voting
rights.
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Based on IG’s latest total voting rights of 340 million
shares and a current share price of about $18.6, Capital Group’s 5% stake
equates to roughly 17 million shares and a market value in the region of $316
million.
Acquisition of 5.44% Stake at Plus500
Last June, Capital Group took a notable position in Plus500,
acquiring a 5.44 percent stake in the London-listed retail trading platform,
according to a filing with the London Stock Exchange. The disclosure placed the
firm among the broker’s significant shareholders.
While the exact dollar value of the investment was not
specified, the 3,917,567 Plus500 shares held by the fund are valued at
approximately £133.1 million, or about $181 million, based on the broker’s
current market price.
Meanwhile, IG Group reported strong results for the three months to November, with growth across its main business lines driven by CFDs, stock trading, and retail activity.
Net trading revenue rose to £271 million, marking nearly a 30% increase from the same period last year. The U.S. remained the company’s fastest-growing region, where its subsidiary tastytrade generated more than $65 million.
This article was written by Jared Kirui at www.financemagnates.com.
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