The Australian Future Fund, established in 2006 to assist future Australian governments meet the cost of public sector superannuation liabilities, has released its 2009/10 annual report. The report reveals for the first time how the Fund has cast its voting …
Read MoreCentamin Egypt, the Australian incorporated gold mining company which entered the FTSE 250 index in June 2010, will hold its AGM on 9 November in London. At its 2009 AGM the remuneration report vote was defeated, however shareholders will not …
Read MoreThe last couple of years have clearly been times of great opportunity for the promotion of responsible investment in general, and the Eurosif 2010 survey figures show a significant uptick in European SRI assets under management, now at €5 trilllion…
Read MoreThe recent concept release on the US proxy system has certainly brought some interesting challenges and concerns to the debate. A recent set of concerns from an investment advisor provoked some thoughts at Manifest about privacy, identification and equal treatment …
Read MoreVince Cable, the UK’s Secretary of State for Business used the Confederation of British Industry’s annual conference to launch an an investigation into possible failures of market and corporate governance which have discouraged a long-term approach to investment. The paper, …
Read MoreThe Canadian proxy voting system is fundamentally flawed says Canadian law firm Davies Ward Phillips & Vineberg LLP. In a forthcoming white paper the firm has, in its words: “uncloaked the mystery surrounding the proxy voting system in Canada.”
Canadian …
Read MoreThe UK’s M&A regulator, The Takeover Panel has concluded that the regime for hostile bids needs revision. Calls for a radical overhaul of the British approach to takeovers were made following the heated Kraft/Cadbury deal earlier this year.
The Panel
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The SEC is seeking investor input on its proposals to give shareholders a non-binding vote on executive compensation and some “golden parachute” severance arrangements.
Under the proposed rules, publicly traded companies would have to provide shareholders with an advisory vote …
Read MoreDespite the slowdown in economic growth over the last two years, the European market for socially responsible investment (SRI) market has almost doubled since 2008, and is now worth in the region of €5trn in assets under management.
The findings, …
Read MoreThe UK’s Association of Investment Companies (AIC) has published it’s latest Code of Corporate Governance for investment companies together with associated guidance. The new guides bring the AIC Code up to date with the the new UK Corporate Governance Code, …
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