UK equity chiefs anticipate 'profound change' in corporate debt and dividend culture post-pandemic

Buxton, Williams and Custis prep for cuts

Mike Sheen
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Merian Global Investors' Richard Buxton
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Merian Global Investors' Richard Buxton

UK equity fund heavyweights Richard Buxton, Gervais Williams and Alan Custis are among the investors expecting recent high-profile dividend cuts to mark a “profound change” for investors, with investor pay-outs set to shrink permanently when the coronavirus-induced crisis subsides.

It follows news on Thursday (30 April) that Royal Dutch Shell would be cutting its dividend by two-thirds, in the first such move for the world's largest dividend payer since the Second World War. Shell...

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