interactive investor sees 30% uptick in private investor voting

210,801 votes processed

Kathleen Gallagher
clock • 2 min read

Investment platform interactive investor recorded a 30% increase in the number of votes from private investors in 2022.

The number of votes processed was 210,801 last year, up from 162,673 in 2021 and 45,753 in 2019. AGM attendance also increased, according to ii metrics. The platform measures attendance by the number of unique accounts requesting letters of representation. There were 720 letters sent in 2022, up from 359 in 2021 and beating pre-pandemic levels of 651 in 2019. However, the platform said the picture is "nuanced", as the percentage of votes used fell in the 12 months from 14% to 8%. "This is likely because, having enrolled the wider customer base, the ability to vote on interactive in...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Platforms

AJ Bell hits record platform £80.3bn AUA boosted by £1.6bn inflows

AJ Bell hits record platform £80.3bn AUA boosted by £1.6bn inflows

Over 3% growth from market movements

Cristian Angeloni
clock 18 April 2024 • 2 min read
AJ Bell Investcentre cuts custody charges on its platform

AJ Bell Investcentre cuts custody charges on its platform

Increased interest on cash

Cristian Angeloni
clock 05 April 2024 • 2 min read
DIY investment market hits £392bn as top five platforms remain dominant

DIY investment market hits £392bn as top five platforms remain dominant

Hargreaves Lansdown market share slips

James Baxter-Derrington
clock 26 February 2024 • 1 min read
Trustpilot