Sep 21, 2026 · 36 min · 13 segments
Although executives hold a controlling position, private investors are still part-owners of the businesses in which they have shares. As such it is reasonable to expect those companies to answer…
So as I understand it, the investor relations side of a business is usually dealt with by a member of the board, an external agency, or a dedicated IR manager or department.
And he often says that if he's looking for a response, the worst person to contact is the investor relations manager.
After two weeks without a reply, he telephoned again, and in short measure, he received the following email.
Having spoken with the director, he has asked me to advise you that investor tours and events are not typically advertised broadly to the general public but are arranged through specific channels and platforms in our case these are organized by our brokers either Zeus Capital or Pam Moore, Liberum.
Now, I think what upset my friend is that he was just called a member of the general public, where he's actually a shareholder.
But during the winter, I was having dinner with Daniel Washburn, who's an analyst at Fundsmith, and we were talking about investor relations, and he was telling me that he rang an investor relations manager and was greeted with the question, where did you get this number? This is Fundsmith.
Right.
Okay.
That's not good, is it? Although on the broader point about funds like Fundsmith and institutional investors, I mean, surely you understand that they do deserve greater access.
And yes, I would expect my influence and any importance I may have is more of more significance within a business like Titan Holdings rather than Tesco.
However, we are still part owners and help play a vital role in providing some liquidity.
So as I understand it, the investor relations side of a business is usually dealt with by a member of the board, an external agency, or a dedicated IR manager or department.
And he often says that if he's looking for a response, the worst person to contact is the investor relations manager.
After two weeks without a reply, he telephoned again, and in short measure, he received the following email.
Having spoken with the director, he has asked me to advise you that investor tours and events are not typically advertised broadly to the general public but are arranged through specific channels and platforms in our case these are organized by our brokers either Zeus Capital or Pam Moore, Liberum.
Now, I think what upset my friend is that he was just called a member of the general public, where he's actually a shareholder.
But during the winter, I was having dinner with Daniel Washburn, who's an analyst at Fundsmith, and we were talking about investor relations, and he was telling me that he rang an investor relations manager and was greeted with the question, where did you get this number? This is Fundsmith.
Right.
Okay.
That's not good, is it? Although on the broader point about funds like Fundsmith and institutional investors, I mean, surely you understand that they do deserve greater access.
And yes, I would expect my influence and any importance I may have is more of more significance within a business like Titan Holdings rather than Tesco.
However, we are still part owners and help play a vital role in providing some liquidity.
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