Buxton slams corporate activity under male-heavy boards
Old Mutual Global Investors CEO Richard Buxton has slammed the cost of predominantly male boards to shareholders as he blames a lack of diversity for poor corporate decision making.
Asset managers accused of grandstanding on Persimmon pay
Asset managers who slammed Persimmon pay packages this AGM season have been silent when questioned over their voting record at the UK housebuilder, which enabled executive remuneration to soar.
Schroders first asset manager grilled over gender pay at AGM
Schroders has become the first asset manager to come under fire for its gender pay gap in AGM season, as a prominent activist tells others in the industry to prepare to face tough questions.
Woodford Patient Capital directorships raise eyebrows
Woodford Patient Capital Trust’s holdings in companies in which its independent directors, including its chairwoman, hold senior positions has raised eyebrows with investors, as they highlight concerns about the board’s ability to act in shareholders’ best interests.