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Michael Tory
Co-founder of Ondra, a financial advisory firm. Previously worked at Lehman Brothers and Morgan Stanley. Expert in UK investment banking and financial markets.
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34 snips
Feb 24, 2025
• 40min
141. Why Aren’t UK Pension Funds Backing Britain?
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In this conversation, Michael Tory, co-founder of Ondra and a veteran of the financial sector, discusses the alarming underperformance of the UK stock market and its effect on living standards. He highlights the drastic decline in British pension funds' investments, contrasting it with the successful foreign acquisitions revitalizing local firms. The dialogue also delves into necessary reforms in pension schemes and the challenges faced by funds in capitalizing on lucrative opportunities due to governmental and industry stagnation.
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