ShareSoc in the News

This page lists references to ShareSoc in the press and broadcast media.

Investment Week, 15 March 2022, Calls grow for FCA to end ‘deafening silence’ as Woodford update ‘adds insult to injury’

ShareSoc director Cliff Weight is quoted in this article by Investment Week. Journalist James Baxter-Derrington asks why hundreds of thousands of investors in Woodford are still waiting for something from the FCA. (Subscription may be required)

Investor’s Chronicle, 6 Jan 2022, Are all shareholders equal?

Click here to read the article Investor's Chronicle published an opinion piece where the author states that individual investors have more chance of meeting companies if they are members of organisations like ShareSoc. Why exclude small shareholders? That comes down to diary pressure. When I worked in investor relations, we had to reserve dates several months in advance. The largest long-term shareholders had priority. A few were met twice a year rather than just the once. We favoured large potential long-term investors over ...

Investors’ Chronicle, 17 Dec 2021, Bacanora deal gets Mexican backing

Click here to read the article Investor's Chronicle quoted ShareSoc director Cliff Weight in an article about Bacanora. ShareSoc has provided strong opposition to the deal: Cliff Weight from the group said it was incomprehensible why major shareholders like M&G would irrevocably support a deal that didn’t have a final offer stamp on it. In another letter to the Bacanora board last month, ShareSoc asked the board to “negotiate a better offer”, given investors had kicked in $65m in a capital raise earlier this ...

FT, 17 Nov 2021, Scaled back UK audit reforms attract investor anger

Click here to read the article ShareSoc has been mentioned in the Financial Times on 17/11/21. The article focusses on how investors and audit groups have urged the UK government to rethink plans to scale back corporate governance and audit reforms, arguing that any watering down of the proposals would risk further corporate scandals.   Investor groups also expressed their alarm. In a joint letter last week to the FT, CFA UK, Corporate Reporting Users’ Forum, UK Shareholders’ Association and ShareSoc also criticised plans to ...

Investor’s Chronicle, 29 Oct 2021, Better to give than take away

Click here to read the article Investor's Chronicle quotes and concurs with ShareSoc's view that the FCA's newly approved Long Term Asset Fund (LTAF) an illiquid open ended fund should have been consigned to the scrap heap and definitely not before their report into Woodford is published. Nevertheless, LTAFs are on their way. In their response to the FCA’s consultation, ShareSoc and the UK Shareholder Association didn’t mince their words: the LTAF proposal should be consigned to the scrap heap, and no ...

FT, 22 Oct 2021, Getting heard on climate: small investors take on big companies

Click here to read the article Alice Ross, FT Deputy Editor, has written a major article about how "Retail shareholders can get organised and can push for change if they band together". The article focusses on the successes of the pressure group ShareAction who have successfully used their AGM Army to ask questions at AGMs and lobby for change. However, Cliff Weight and ShareSoc are also quoted at some length.   One problem for retail investor engagement, however, is that the vast majority remain uninvolved. ...

The Spectator, 09 October 2021, Why stamp duty doesn’t add up

From the Spectator, The hugely successful Oxford Nanopore float has also brought chuntering from objectors to the exclusion of private investors, all the shares on offer having initially been allocated to institutions: ‘Disgraceful’, says Cliff Weight of the campaign group ShareSoc. Click here to read the article.

Mail on Sunday, 02 October 2021, Private investors shut out as Oxford Nanopore soars on float

ShareSoc's Cliff Weight says that it's 'disgraceful' that investors are being shut out of successful IPO's.  Click here to read the article.

Mail on Sunday, 02 October 2021, Woodford investors may have to wait another three years for compensation if watchdog fails to intervene

Jeff Prestridge extensively covers the ShareSoc "Woodford: What Happens Next webinar", attended by nearly 700 people. Specifically mentioning ShareSoc's endorsement of the Leigh Day claim as well as Alan Miller's excoriating analysis of Link's poor oversight of the Woodford fund. Click here to read the article.

Investment Week, 01 October 2021, Leigh Day’s Boz Michalowska: Woodford-style scandal will happen again if rules aren’t tightened

Investment Week covered our event on Woodford and published a summary of the Q&A with Leigh Day's Boz Michalowska. Click here to read more.