Reported 4 months ago
Activist investors are advising London companies to consider listing their stocks in other countries, particularly in the US, to achieve better returns. This move is driven by the notable valuation gap between UK and US stocks, with UK firms trading at lower valuations since the Brexit referendum. Notable activist investors like Dan Loeb's Third Point and Cevian Capital AB have been advocating for this strategy, urging companies such as CRH Plc and John Wood Group Plc to consider moving their primary listings from London to the US.
Source: YAHOO