Share Sounds. from Thought for the Week related to Shares - Emerging Markets

Podcast Directory


Genre: Shares / Topic: Emerging Markets
Programme: Thought for the Week
Clear Selection

Gavin Oldham

Thought for the Week: Global stock ownership requires global investment platforms

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Global stock ownership requires global investment platforms
While Hargreaves Lansdowne accepts an outcome driven by Private Equity, Abrdn attempts to shrug off the high price it paid for buying its retail investment platform from Private Equity. The short-term and intensely finance-based motivation of that sector achieves a real contrast between its entry and exit pricing, notwithstanding the damage it does to public markets. That short-term focus has also denied a strategic transition to global retail investment platforms capable of supporting widespread global stock ownership in the years ahead; although the parochial nature of investment regulation and antiquated technology also conspire against making that transition. Employee share ownership has made that change, and its workplace solutions could set the template for individual stock ownership across the world. Background music: 'Everything Has a Beginning' by Joel Cummins

Published: