Stock Market

Stock Market

Archie Norman blames pension funds for decline of London’s stock market

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.City grandee Archie Norman has criticised the lack of UK pension fund money invested in British companies and the decline of corporate share options as reasons for the long term malaise of London’s stock market.Norman, who is chair of M&S and sits on the board of private equity firm Bridgepoint, told the Financial Times that it was “undeniable” that the sharp fall in UK pensions investing in equities “has substantially reduced the...
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