ABSTRACT

Over recent decades, a notable change in equity ownership in UK listed companies is the growth of institutional shareholdings. Share ownership has moved away from individual investors to become concentrated in the hands of a relatively few powerful institutional shareholders – see Table 4.1. 1 Summary of main categories of share ownership in the UK, 1963–2010 https://www.niso.org/standards/z39-96/ns/oasis-exchange/table">

Type of investor

1963 (%)

2010 (%)

Individuals

54

11.5

Insurance companies

10

8.6

Pension funds

6

5.1

Unit trusts

1

6.7

Investment trusts

1.3

2.1

Other financial institutions

0

16

Overseas

7

41.2

Source: Office for National Statistics, ‘Share Ownership Survey’. 2