UK firms brace for fresh activist attacks

Technology most targeted

Eve Maddock-Jones
clock • 1 min read

UK businesses are preparing for a renewed round of investor activism in 2023 after data from Lazard showed the highest levels of new campaigns since 2018.

Lazard's annual review of Shareholder Activism looks at key trends in activism and found that in 2022 there were 235 new initiatives across the world last year. This was a 36% increase on 2021 and bucked the declining trend that had been going on since 2018. Bloomberg gender study shows there is room to improve The data showed that each quarter in 2022 had a year-on-year material increase in new campaign activity, with a record breaking Q1 in new activity at 73 initiatives. Technology experiences a higher amount of campaigns overall, taking 21% of the pie. This was a significant...

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 Companies

Ashmore Group suffers $2bn outflows as institutions slash EM exposure

Ashmore Group suffers $2bn outflows as institutions slash EM exposure

AUM drops by 5%

Valeria Martinez
clock 12 July 2024 • 1 min read
Premier Miton CEO bets on fund sales boost from falling rates as outflows slow

Premier Miton CEO bets on fund sales boost from falling rates as outflows slow

Multi-asset fund outflows continue to bite

Valeria Martinez
clock 12 July 2024 • 2 min read
GAM sells management company arm to Apex Group

GAM sells management company arm to Apex Group

UK, Luxembourg and Ireland operations

Cristian Angeloni
clock 11 July 2024 • 1 min read
Trustpilot