10 February 2010
Autonomy Bond Issue Ignores Private Investors
The launch today of Autonomy’s corporation convertible bond on the LSE’s Professional Securities Market disappoints APCIMS Chief Executive, David Bennett.
“There is clear evidence of a large pent up demand among UK private investors for bonds in companies like Autonomy�, he said. “The company has missed a great opportunity by ignoring retail investors in today’s placing�.
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For more information please contact:
David Bennett
Chief Executive
Telephone: 020 7448 7100
Mobile: 07983 543529
Email: davidb@apcims.co.uk
Notes to editors:
The Association of Private Client Investment Managers and Stockbrokers (APCIMS) represents firms acting on behalf of investors . Member firms deal primarily in stocks and shares as well as other financial instruments for individuals, trusts and charities and offer a range of services from execution only trading (no advice) through to full portfolio management.Â
Our member firms operate on more than 500 sites in the UK, Ireland, Isle of Man and Channel Islands, employing 25,000 regulated staff. Around £335 billion of the country’s wealth is under the management of our members. Our aim is to ensure that the regulatory, tax and other changes across Europe are appropriate and proportionate for the investment community.