Virtual AGMs double shareholder engagement in 2021

Virtual and 'hybrid' model total 99% of all AGMs

Mike Sheen
clock • 1 min read

The forced shift to virtual AGMs globally as a result of Covid-19 restrictions has led to shareholder engagement doubling in 2021, according to research by Lumi.

Lumi's survey of more than 5,000 AGMs globally found both the number of shareholders attending each meeting and the number of messages sent doubled in the first half of 2021 compared to the same period last year.  Topping shareholder engagement concerns, according to the research, was financial reporting, including remuneration and dividend pay.    Environmental damage and climate change, diversity and accessibility, and governance were also among the top engagement topics.   The onset of the pandemic saw 90% of AGMs take place virtually in 2020, compared to just 5% in the previous...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA launches consultation on private stock market

FCA launches consultation on private stock market

Move follows Mansion House commitment

Linus Uhlig
clock 17 December 2024 • 3 min read
Partner Insight: Is FOMO overruling investment basics?

Partner Insight: Is FOMO overruling investment basics?

In 2020 we introduced our bubbles chart showing how concentrated investors were in a particular theme. Four years on we look at what, if anything, has changed, and what it means for investors going forward.

Orbis Investments
clock 16 December 2024 • 3 min read
Special situations: How to spot a good management team

Special situations: How to spot a good management team

'We prefer management teams that are considered rather than overly promotional'

Henry Flockhart and Andy Gray
clock 10 December 2024 • 5 min read