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Blog : BOARD TALK

More Than 50% Of UK Domiciled Funds Have No Independent Directors

Posted on May 17, 2017 at 11:20 AM

Oops. That's a bit of a governance FAIL.

More than 50% of UK domiciled funds do not have any independent directors. For funds domiciled overseas, the proportion with no independent directors drops to 20%, according to a survey conducted by LCP, the consultancy.

In the survey of nearly 300 investment funds used by UK pension schemes, LCP found that despite the UK’s leading reputation for fund governance, the jurisdict...

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Get Ready For The Vollkswagen AGM And The Investors

Posted on May 10, 2017 at 1:00 PM

Ah, the theatre of corporate governance: it's the Volkswagen AGM tomorrow.


Hermes EOS, the stewardship and engagement team of Hermes Investment Management, recommends voting against the discharge of the management and supervisory boards of Volkswagen, as well as its revised remuneration policy.


"Our recommendation to vote against the discharge of th...

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Corporate Culture, M&A And Sustainability In Spotlight At Bayer AGM

Posted on April 28, 2017 at 1:40 PM

Corporate culture, M&A and sustainability are all in the spotlight at today's Bayer AGM.


Hermes Investment Management is drawing attention to its "wide-ranging sustainability-related concenrs about the pending acquisition by Bayer, the German life science company, of Monsanto, the US agricultural company best-known for genetic modification."


"Mergers can often have a negative impact on the overall value of a company, with the process complicated f...

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Hermes To Vote Against Re-Election Of Nomination Committee Chair At Rio Tinto plc Due To Lack Of Progress On Diversity

Posted on April 11, 2017 at 12:25 PM

It's the Rio Tinto AGM tomorrow - and Hermes Investment Management intends to put its votes firmly behind stated policy on gender diversity as a priority.


"Due to the lack of diversity and a credible plan to address this imperative issue, and consistent with our voting policy, Hermes EOS recommends voting against the re-election of Jan du Plessis in his capacity as chair of the nominations committee at R...

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Is Integrated Reporting Becoming Mainstream ?

Posted on February 15, 2017 at 3:05 PM

The short answer to the question is - not yet - but it is certainly catching on around the world as a business choice for better demonstration of value creation. Regulation is being seen as a key driver of progress, and South Africa, the UK and Europe are leading the way in adopting the concept.


In the last few years, following increasing coverage of integrated reporting (IR) - including by me here on Forbes in late 2013:

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Number Of Institutional Investors Placing Emphasis On Gender Diversity More Than Doubles - Survey

Posted on September 29, 2016 at 2:45 PM

The number of institutional investors who believe that the gender diversity of the senior management of an investee company is 'vitally important ' or 'important' has more than doubled in 12 months, an annual survey of over 100 leading UK and European institutional investors has found.


In 2015, only a quarter of investors surveyed placed importance on gender diversity. But in 2016 it seems a total of 51% of investors agreed on its importance.


The annu...

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Don't Overlook UK's Important Thinking On Audit

Posted on July 14, 2016 at 3:40 PM

We are living in what feel like crazed times in the United Kingdom. But one thing is clear - finally, it may no longer be acceptable to talk about 'corporate governance' synonymously with remarks about 'anoraks' (a deprecating allusion that no one but a Brit could actually fathom, ....).


The reason for the seemingly imminent elevation of corporate governance is our new Prime Minister, Theresa May. The country is still scrambling about trying to keep up with events, so there...

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Guest Blog: More Empathy Needed In Capital Markets

Posted on July 7, 2016 at 3:05 PM

GUEST BLOG:

  Jeroen Wilbrink, Senior Client Advisor at NN Investment Partners


 

 

"We do many things differently in the Netherlands. I notice these differences, because I have lived most of my adult-life abroad. One example, is that the Dutch share a lot of the news with their ch...

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Business+Climate Summit: Because Acting On #ClimateRisk Cannot Wait

Posted on June 28, 2016 at 8:30 AM

Pity the organisers of the Business and Climate summit that begins today in London, with two days at the Guildhall.


Because they laid their plans, with painstaking international colllaboration among those focused on climate risk, with no inkling that a few days before the event, the host country would vote for Brexit and reveal its capacity for a complete

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Supply Chain Monitoring Competitors To Collaborate

Posted on June 8, 2016 at 9:15 PM

If there is one word that business is crying out for in 2016 - apart from 'humanity' (think BHS, think Tata Steel, think Sports Direct, more on that one very soon) for me it would be 'collaboration.'


When it comes to the supply chain - a topic I have covered repeatedly on Forbes (if you Google Dina Med...

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