IFS buys ProShare

Employee share ownership organisation ProShare has been bought by the Institute of Financial Services (IFS).
ProShare has been running training courses and conferences encouraging employers to set up share schemes for staff since it was created with funding from the Treasury, the Department of Trade and Industry and the London Stock Exchange.
Following the acquisition the organisation will still offer the same services, although certain elements of ProShare’s work, such as its investment activities in schools, will be merged with similar schemes run by the IFS.
ProShare will also be able to use IFS’ new electronic library and information services to spread share ownership further.
For more information please contact Simon Ashmore at the Institute of Financial Services on 01227 818679.