EDITORIAL: Time for open-doors investor engagement
Annual general meetings are ideal occasions to give the middle class insight into what is going on with their investments
Has the time come to ditch the behind-closed-doors engagement strategy preferred by institutional shareholders in SA? A few recent dramatic corporate events suggest it is.
It is important to remember these institutional shareholders are not investing on behalf of a relative handful of super-wealthy individuals; they invest for millions of middle-class workers and retirees. The distinction is significant: super-wealthy investors have easy access to super-wealthy individuals running our companies. Middle-class savers and pensioners do not...