European Investors-VEB Jubileumcongres

Paneldiscussie: We bespreken met een aantal bestuurders en beleggers de precaire balans tussen risico en rendement in huidige en toekomstige uitdagende tijden. Op de lange termijn is beleggen een superieure manier om vermogen te beheren en behouden. Dat heeft de afgelopen 100 jaar wel bewezen.

Tot zover het verleden, maar hoe nu verder? Wat zijn verstandige manieren van beleggen in de wereld van morgen?

Beurs column: Corné van Zeijl, Economist / Strategist, Cardano

• Martin Wolf, Chief Economics Commentator, Financial Times 

Session I: ‘Restoring ownership: one share – one vote’
Should shareholder voting power be proportionate to economic ownership? In recent years, markets have strayed from the “one share – one vote” principle to accommodate founders’ protection, attract new issuers and give in to competitive pressures between countries/exchanges.

However, times are changing once again, as most investors are getting more critical of poor governance structures like disproportionate voting rights. How will better alignment with economic ownership impact long-term decision-making and stewardship?

Panel discussion, including keynote:

• Joud Abdel Majeid, Senior Managing Director, Global Head of Investment Stewardship, BlackRock
• CEO (tbc)

Session II: ‘One competitive market, fragmented rules’
European Investors-VEB was established almost 100 years ago to help investors protect their interests across Europe. Since then, capital markets have become much more efficient. However, despite many efforts, European capital markets are still fragmented, lacking a real equity culture with effective shareholder rights and protection. What measures are needed to make EU capital markets more attractive for investors, and how realistic is it that things will improve in the short term?

Panel discussion, including among others:

• Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board, Euronext N.V.
• Natasha Cazenave, Executive Director, European Securities and Markets Authority (ESMA)
  
• Steven Maijoor, member of the Executive Board including Banking supervision, DNB

Closing words: Gerben Everts