When is an abstention not an abstention? A possible party-time trivia question for lawyers maybe, but a question with real consequences for shareholders which highlights yet again the importance of ensuring local knowledge is applied to voting decisions. Most company law regimes have special provisions for dealing with ‘qualified majority’ issues. They may differ one from another […]
Read MoreIn 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 pension scheme members will spend more time scrutinising the actions of their fund managers on engagement […]
Read MoreThe 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 the period July 2007 and July 2008, which included votes on banks’ remuneration reports and the […]
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