Market deregulation is key to reinforcing the UK's position in the financial world

Austin Review

clock • 3 min read

Democratisation of investment in London’s capital markets is crucial as Britain seeks to reinforce its position in the financial world. So, I welcome recommendations by Freshfields lawyer Mark Austin, who has drawn up a series of market deregulation proposals now backed by The Treasury.

People sometimes say that real estate investment, where I have specialised for 30 years, is becoming the preserve of Blackstone, Brookfield and Bill Gates as private equity giants and ultra-high net worth individuals play a bigger and bigger part in the landscape. But there is no doubt that the UK's overall capital markets scene - including investment in listed property companies - has become a big boys' game. In 1963, the man or woman in the street owned 54% of all the shares in issue on the London Stock Exchange. By 2012, this had fallen to a low point of 10.1%, and has only recover...

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


More on Regulation