Corporate Actions: The Case Of The Missing Billions

Asset managers frequently need to take action with regard to corporate actions such as scrip dividends, rights issues, tenders and mergers. If we take the example of a scrip dividend, a phenomenon very popular with large European companies, shareholders can elect to receive their dividend in cash or in additional shares in the company. When shareholders make their election, often one of the options (cash/stock) is worth more than the other. But do investors frequently make the suboptimal election in scrip dividends, do asset managers sometimes make the wrong election at an even higher rate than the average investor, at 56%. Is around $1.3 billion missed by investors each year? Can the problem of suboptimal elections can only be solve through automated solutions?

Chairman: Professor Michael Mainelli, Executive Chairman, Z/Yen Group Limited

Speaker: Sander is the Chief Financial Officer of the SCORPEO Group. Before joining SCORPEO he was head of Delta One Structuring at Nomura. Sander began his career at PriceWaterhouseCoopers; holds a Master’s Degree in Tax Law from the University of Amsterdam, and post-doctoral in European Tax Law from Erasmus University Rotterdam.

Panellist: Andy Agathangelou leads the fast-growing and increasingly impactful Transparency Task Force as a collaborative, campaigning community that encourages the financial services sector to be transparent, truthful and trustworthy.

The overall programme for this event is:
18.00 Registration and drinks
18.30 Speaker presentation and Q & A
19.45 Canapés, drinks and networking
20.45 Close

Wednesday, 04 September 2019

18:00 - 20:45


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  • sander.jpg
    Sander Eijkenduijn

    CFO Scorpeo LLC
  • AndyAgathangelou.jpeg
    Andy Agathangelou
    Transparency Task Force

Pewterers' Hall
The Worshipful Company of Pewterers, Pewterers' Hall
Oat Lane, London EC2V 7DE

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