July 18, 2010
The threat of quotas to improve board diversity moved a step closer last week with EU Fundamental Rights Commissioner Viviane Reding telling the European parliament: “Equality in decision-making is not yet a fact … I do not rule out the possibility of putting forward legislation in this area.”
Speaking to the Guardian newspaper her …… continue reading >>
July 2, 2010
Friends of the UK Sustainable Investment Forum (UKSIF) gathered at the Houses of Parliament on June 28th to celebrate the 10th anniversary of of environmental, social and corporate governance (ESG) regulation in the UK. UKSIF also launched a report that reflects upon the effects of the regulation and addresses important next …… continue reading >>
June 11, 2010
The Institutional Investor Council (IIC), the successor body to the Institutional Shareholders’ Committee (ISC), has started to lay out its stall on possible work programmes. Speaking at the IMA’s annual dinner in the City of London this week, Douglas Ferrans, IMA chairman, outlined his vision of how the IIC would tackle the “endlessly complex” conflicts …… continue reading >>
May 16, 2010
British boardroom structures don’t allow enough debate, claims Sir Stelios Haji-Ioannou, founder and majority shareholder of the low-cost carrier, easyJet. As a result he has quit his board role to become an activist shareholder in a bid to turn the company’s strategy around.
Sir Stelios’ fight is focused on the lack of a cash dividend …… continue reading >>
May 9, 2010
So it’s not just shareholder meetings that have voting problems. The UK’s general election collapsed into the realms of farce this week with disenfranchised voters complaining of lost ballot cards, out of date voting registers and exclusion from polling stations – now where have we heard those complaints before?
So, why can we usher thousands of private …… continue reading >>
April 24, 2010
Will Oulton is leaving his role as director of Responsible Investment at FTSE Group to join Mercer’s investment consulting business as European Head of Responsible Investment.
Oulton will start his new role at Mercer in May when he replaces Emma Hunt, Mercer’s former head of responsible investment for Europe who left to join rival advisor Towers Watson …… continue reading >>
April 23, 2010
US president Barack Obama took his fight for financial reform to the heart of Wall Street this week and described the role of shareholders as “the last key component”.
As the US administration faces up to a tough fight in the Senate on Monday, Obama outlined his vision of a financial system that did not ”have to choose …… continue reading >>
April 21, 2010
As the consultation on the UK’s Stewardship Code draws to a close, the UK’s reporting regulator, the FRC, has moved to strengthen its secretariat with the appointment of ABI governance veteran, Peter Montagnon.
Montagnon will join his former ABI boss Stephen Haddrill, on June 1st. FRC chairman Christopher Hogg said that Montagnon’s appointment would: “significantly enhance the FRC’s …… continue reading >>