Investment platform AJ Bell looks to have had a successful maiden year as a public company given today’s trading update, writes fundeye editor David Stevenson.

The company, which offers platforms to both financial advisers and direct to consumers, saw its total assets under administration grow by 13 percent to £52.3 billion on a year-on-year basis.

Its customer base has also increased, up 17 percent to 232,066. The bad press its biggest rival Hargreaves Lansdown incurred over the Woodford Equity Income fund recommendation potential...