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Sovereign Wealth Funds Briefing - Categorized | Market

UK funds and insurers seek SWFs for new governance network

Posted on 12 June 2009

From Responsible-investor.com: UK pension funds and insurance companies are seeking to build an international network of investors and sovereign wealth funds with an interest in long-term value, in a bid to put some major weight behind their lobbying of companies on important issues and their subsequent voting at annual general meetings.
In a widely-anticipated report, the UK Institutional Shareholders Committee (ISC) said its chairman, Keith Skeoch, chief executive officer at Standard Life, would initiate discussions with senior practitioners from the global investment industry to plan ways to build the network……..Full Article: Source


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