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The leading fund managers at the Downing Street meeting have warned that feelings towards the stock market in London in “Rock Weber” and urged the ministers to think about the UK pension funds to allocate at least 5 percent of their investments in local stocks.
A group of UK stock specialists, led by Nick Lawson, CEO of the Ocean Wall Investment Group, met Varon Chandra, the government’s private adviser to business, to discuss ways to stimulate public stock markets.
The fund managers explained their concerns about the status of the stock market in the UK and were the morale of the agreed investors in “Rock Bottom”.
The meeting highlighted many challenges, including the fact that deletion from the UK market exceeds new primary public offers, a blatant evaluation gap between British companies and American companies, and the opinion that UK companies are captured on cheap by private stocks and foreign buyers.
Participants also said that companies are facing the “death ring” caused by local pension funds, as they are net stocks in the United Kingdom for nine consecutive years.
The meeting came the next day for the DOORDASH food delivery company Pack a deal worth 2.9 billion pounds For its opponent in the United Kingdom, four years after its fear in London, with a value of 7.6 billion pounds, a banker called it “the worst subscriptions in the history of London” – lost more than a quarter of its value on the first day of trading.
With the evaluation, there was a major factor in determining where the existing companies chose, and the poor performance in the UK pushed them to look abroad, especially the United States. The costs of listing and governance burdens were also martyred as external.
Participants at the Downing Street meeting have made the issue of collecting local shares for British pension funds, including through withdrawal.
The goals of 5 percent, 8 percent and 10 percent of reasonable thresholds were discussed, and there was a wide agreement that priority should be given to the specific contribution plans on the specific benefits plans.
“If pension funds in the UK moved to 10 percent, heroin would be to photograph UK markets,” Lawson said, adding that he was supporting the “mentor’s commitment.”
Some participants in the meeting indicated that such a shift can offer a broader “virtuous circle” that would benefit companies, markets and castles alike by restoring confidence and supporting assessments.
But the concept of discrimination is very controversial.
Executive officials in the pension fund say that making the investment goals mandatory “opens the worms box” and exceeds their credit duty to secure the best possible return for investors.
Retirement pension funds are expected to sign this month on a voluntary compact – update of 2023 Mansion House Compact signed under another governorate government – to invest 10 percent in assets for the end of the contract, with half of that in the United Kingdom.
However, FT realizes that there will be no specifications for investing in listed stocks.
Although former counselor Jeremy Hunt considers discrimination, he did not provide politics before last year’s elections. Chancellor Rachel Reeves did not exclude the idea, but the ministers are hesitant.
Mel Strad, shadow adviser, said the idea I hit despairTell the Financial Times times this week: “Retirement pension funds should be free to make investment decisions based on what is better for savings.”
Among the directors of the Fund at the Vetere Meeting such as David Cumming, the head of the UK’s shares at Newton Investment Management, Andy Brough from Schrooders, Michael Stiaasny, head of the UK’s stocks at M & G Investments.
A person close to the National Fund for Employment Fund – the largest pension plan in the UK supported by the government – said its priority was to invest in the best way to its members, but he added that the fund was public in its commitment to invest in the United Kingdom.
Nest, which runs more than 50 billion pounds, said about 1.75 percent of its total assets were invested in stocks in the UK at the end of March. Liz Fernando, Chief Investment Officer of NST, told Interview She was “actively” encouraged all NST managers to search for UK’s origins.
A government spokesman said the ministers were looking to ensure “companies could access the financing they needed to grow.” The spokesman added: “It is right to deal with stakeholders as part of this,” the spokesman added.
“The final report to review investment in pensions will be published soon, and this will take into account how to guarantee any interesting investment benefits in the United Kingdom.”
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