Investment banks that work on stock market floats don’t seem to think much of the ordinary private investor. If they did, they would make more effort to include them in the big-ticket debuts that remain the almost exclusive preserve of hedge funds, money managers and other institutions. The cold-shouldering has endured despite the recent rise of the individual investor. Meanwhile, easy-to-use trading apps such as Robinhood brought millennials to the market and prompted big swings in the prices of recognisable stocks. SponsoredIn the UK, pensions reform is encouraging

Source: The Times March 24, 2021 16:52 UTC