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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration

Future Fund opposed a fifth of remuneration reports

Posted on 01 November 2012

The Future Fund’s annual shows that it voted against 21 per cent of remuneration reports last year and rejected nearly a third of grants for executives that shareholders were asked to vote on.
The fund did not disclose the names of the companies whose salary packages it had voted against. But given that few large investors disclose how they vote on company resolutions, the annual report offers a window into attitudes on executive remuneration………………………………………..Full Article: Source


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