“Golden opportunity” to show the merits of stock markets

Schroders has written an open letter to UK companies showing our support during this unprecedented period, when the very raison d’etre of the stock market will be tested.

Jessica Ground, Schroders global head of stewardship said “In its long history, rarely has the smooth functioning of the equity market been more important. The survival of vast swathes of UK plc, and therefore British jobs, will depend on the ability of companies to raise money from stock market investors in the months ahead.”

In particular she noted that the market could be a turning from private, citing research published by Schroders last year that showed the number of companies listed on the UK main market had fallen by more than 70 per cent since the mid-1960s, but she stated that the equity market now has a “golden opportunity” to demonstrate its merits for both companies and savers.

Schroders letter to UK companies can be read here.

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