Get FREE trial access to our award winning publications

Sovereign Wealth Funds Briefing - Categorized | Market

Pirc opposes £7bn Barclays fund call

Posted on 19 November 2008

From FT: A third voting adviser has added its weight to the row between Barclays and its shareholders over the bank’s proposals to raise fresh capital from Middle Eastern investors.

Pirc, the pensions and investment research consultants, said yesterday that shareholders should reject the plan to raise £7bn, most of it from the Qatar Investment Authority and Sheikh Mansour Bin Zayed Al Nahyan, a member of Abu Dhabi’s royal family, without giving existing investors the chance to take part…. Full Article: Source

This post was written by:

VRS - who has written 5657 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author


You must be logged in to post a comment.

September 2010
M T W T F S S
« Aug    
 12345
6789101112
13141516171819
20212223242526
27282930