Equity Investigator, the online technology research company, has introduced an initiative that al...
Equity Investigator, the online technology research company, has introduced an initiative that allows private investors to 'join' the exclusive briefing sessions held by companies for the City's research analysts.
These meetings inevitably reveal information that has a bearing on shaping the City's view of a company and its share price but private investors, until now, have been completely excluded.
Karine Luckraft of Equity Investigator argues, "The whole concept of our service is to give private investors access to research of the quality that has only been available to professional investors. We are now going a step further to level the playing field. We can act as a voice for private investors; pose their questions to management and make the responses available to all on our website.
She adds: "Of course all the information is made public in a correct way before these meetings take place. However, quite clearly, a lot more information and detail is made available to those who attend the meeting so that a better assessment of a company's performance can be made and a clearer picture of the investment case formed.We are going to bring this detail to the private investor."
Using Equity Investigator's interactive voting tool, 'Confront the Companies', investors will be able to select companies for the Equity Investigator team to visit and outline the questions that they want management to answer. The responses to the most popular questions can then be viewed on the website www.equityinvestigator.com.
"Apart from attending annual general meetings," comments Luckraft, "individual shareholders have no real opportunity to ask questions of management. This service will introduce a more open and regular dialogue, which must surely benefit the companies as much as the investors. There is no guarantee, however, that the managers of a business will always like the questions that the owners are asking. It could prove to be quite an eye-opener for some of them."
'Necessary steps' taken
Penalty payments and enforcement policy
Fees as low as 0.04%
Client procurement costs ‘unsustainable’
Only 9,486 applied for the benefit in 12 months