Walker Review mustn't single out private equity - AIC

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Private equity owned firms should not be singled out by increased disclosure proposals in the Walker Review, says the Association of Investment Companies (AIC).

The trade body says it supports increased disclosure by large privately owned companies but says the ownership structure of a company should not be a factor. Daniel Godfrey, director general of the AIC, says there is a legitimate case for privately owned companies to increase their disclosure, provided they have a significant public footprint. “Where there is a legitimate stakeholder interest – perhaps due to the number of employees, importance to the national or local economy or high street presence – then greater transparency and engagement becomes increasingly appropriate. "The method...

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