In response to the widespread criticism from government and media over the role of investors in the financial crisis, the UK’s National Association of Pension Funds (NAPF) has released research which show that just under half (49%) of its bigger …
Read MoreIn a widely anticipated move, the US Securities and Exchange Commission has moved forward with an aggressive reform program to update the US proxy system. The SEC met today (01/07/09) to approve the New York Stock Exchange’s proposal regarding broker …
Read MoreThe Investor Responsibility Research Center Institute and PROXY Governance Inc. have released a new in-depth analysis of the proxy voting policies and recent voting records of seven of the largest exchange-traded fund (ETF) sponsors in the US. The findings indicate …
Read MoreCattles plc has announced a clear-out of its Board following the completion of a forensic review into its impairment provisions:
- Norman Broadhurst (Chairman), who previously announced he intended to retire at the AGM, has stood down from the board with
The UK’s trade union federation, the TUC has published its 2008 fund manager voting survey and found investors wanting.
For the seventh year the TUC’s investment team has analysed the voting records of 20 fund managers and pensions funds for …
Read MoreAngry shareholder groups are calling on regulators to overhaul rules that mean UK companies can provide dramatically different information to investors in the U.S. and here.
Sarah Wilson, chief executive of respected shareholder advisory group Manifest, described it as …
Read MoreThe US Chamber of Commerce’s Center for Capital Markets Competitiveness conference convened this week to look at the impact of shareholder activism and shareholder rights. Two interesting themes have emerged from reports of the conference, firstly research into the impact …
Read MoreUS investors angered by the meltdown in the US financial markets have a new resource to campaign for better governance. ShareOwners.org is a social networking site based on Ning, the community web tool said to have played a central role …
Read More“He who dies with the most toys still dies” was a quote on the No Fear brand of T-shirts a few years ago. Funnily enough that saying came to mind when news of Amalgamated Bank’s shareholder proposals against “Golden Coffins” …
Read MoreConcerns about the corporate governance arrangements of AIM quoted companies will no doubt raise their head again after the public censure of Blue Oar Securities, the AIM Nominated Advisor (NOMAD) that last week changed its name to Astaire Securities.
Blue
…
Read More