Some of the most senior figures in the City are calling for listed companies seeking equity capital in the weeks to come to try to accommodate private investors, amid mounting anger that their rights are being flouted.
In an open letter to plc chiefs, to be published today, the owners of investment platforms, small investor groups and mainstream fund managers have united to express deep concern that private investors are being disadvantaged and short-changed.
Peter Hargreaves, founder of Hargreaves Lansdown, and Andy Bell, of AJ Bell, the investment platforms, have combined with Sir Brian Williamson, the stock exchange grandee, and Martin Gilbert, vice-chairman of Standard Life Aberdeen, to sign the letter, among many others. The intervention comes amid growing concern that small investors are being
