Asset Management

Why retail investors piling into AGMs could turn into a ‘nightmare’ for companies

Hybrid AGMs, which emerged during lockdown, mean it is now easier for retail investors to participate

'There’s no reason why, sitting in their front room, a retail investor can’t engage with management'
'There’s no reason why, sitting in their front room, a retail investor can’t engage with management' Photo: Getty Images

Companies are set for a “snowball” of voting activity this AGM season, as new platforms look to break down traditional barriers between shareholders and companies.

After online trading turned into a frenzy over the pandemic, with novice investors wading into the markets in search of returns, newcomers are now taking a deeper interest in shareholder activism.

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Bank of New York Mellon Approached Northern Trust to Discuss Potential MergerExternal link

Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger