FN London

Financial News

News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Schroders CEO: Investors are ‘free to make choices’ on Shein IPO

Peter Harrison says London has a ‘very tough’ listings regime to ensure companies meet high standards, as debates rage over the ethics of backing the fast-fashion giant

By David Ricketts
‘You can put something on the exchange and people can choose to buy it or not,’ the outgoing boss of the fund giant says
‘You can put something on the exchange and people can choose to buy it or not,’ the outgoing boss of the fund giant says Photo: Vernon Yuen/Getty Images

Schroders boss Peter Harrison has said fund managers must make “risk-based choices” on whether to support a potential blockbuster float by Shein, as debate rages over whether London should welcome an IPO by the fast-fashion giant.

Singapore-based Shein is reportedly preparing to file a prospectus with regulators for a £50bn listing on the London stock market.

WSJ Logo
Bank of England Keeps Rates Steady After Fed Move

Bank of England Keeps Rates Steady After Fed Move

Activist Investor Widens Call for Review of Rio Tinto’s Dual-Listing

Musk Draws First Blood With Spending Bill Bombshell

How the White House Functioned With a Diminished Biden in Charge

European Indexes Fall on Slower U.S. Rate Cut Projections