On January 31, 2022, Andrew Millington, head of UK equities at Abrdn, a top-10 shareholder in Vodafone, said Cevian's push to restructure the Vodafone portfolio and drive consolidation was very sensible. Peter Schoenfeld, founder of New York-based hedge fund PSAM, which has a $120m position in Vodafone, said it's long overdue that a shareholder holds the board accountable for its past actions and inaction, and it thinks a great deal of value remains to be unlocked. Peter Schoenfeld said it welcome s Cevian.