UK: Investor Forum to start operating next year

One of the recommendations made last year by Professor John Kay, in his report on UK equity markets and long-term decision making, was the creation of an investor forum. The forum was seen as one way to address the disincentives to engagement by asset managers with investee companies that arise from fragmented shareholdings. Today's Financial Times newspaper reports that the forum will start operating in June next year: see here.

Update (3 Dec 2013) - further information about the Forum was published today in a report by the Collective Engagement Working Group: see here (pdf). Further background information is available here.