American money managers are taking over the UK stock exchange. Here’s why that’s a problem
Their percentage of the market has reportedly doubled since the EU referendum, when many other international investors fled – but they bring with them an awful record on the climate crisis, says James Moore
The stars and stripes are flying over the UK stock exchange if figures from Link, the financial administration firm, are to be believed.
There are reasons to feel concerned about that, and I’m going to explain why.
But first, let’s look at the data, which comes from Orient Capital, Link’s investor relations unit.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies