January 12th, 2007
A Bigger Voice For Small Investors (Business Week)
The very rich, F. Scott Fitzgerald once observed, “are different from you and me.” That has applied even to shareholder activism, a niche of the investing world dominated by hedge fund managers who are paid enormous fees to holler and claw for every last nickel of return on behalf of their wealthy clients.
But with corporations under mounting pressure to acknowledge shareholder rights, ordinary mutual fund managers are increasingly asserting themselves on behalf of smaller investors.
January 10th, 2007
To view the presentation given at the Sustainable Finance Summit, please click the following link:
‘Experiences of a Shareholder Action Group’
As the title suggests, it explains the experiences of a shareholder action group from the point-of-view of the SmartLogik Action Group. The Sustainable Finance Summit was held at the Regents Park Marriott, London on 28-29 November 2006. It was organised by the Ethical Corporation and sponsored by Barclays and others.
It provides useful background to the psychology of how we react when we are treated unfairly, in this case by the stock market. It makes it clear that Action Groups are about real people who have been moved to act by real injustice. The authorities want these sorts of things to go away, but they won’t because of the psychology and the depth of feeling they engender. Certainly, the SmartLogik one will not be going away!!!
