UK - The National Association of Pension Funds (NAPF) and corporate governance ratings firm Deminor have embarked on a joint venture to promote institutional shareholder voting in Europe.
The NAPF's Voting Issues Service (VIS) - which provides information and on corporate governance issues - and Deminor Rating have joined forces to offer coverage of major European corporates across 16 countries, including all those in the Eurotop 300 Index.
The aim of the link up is to help institutions to become more responsible shareholders capable of supporting and challenging corporate management, said the NAPF.
UK institutions will have access to services on the Continent, whilst Deminor subscribers will have information on the UK market place.
John Rogers, director of the NAPF’s Voting Issues Service, said:
“This ground-breaking new initiative is just one of the ways in which the NAPF can help its members to meet the calls from Myners and others to become more 'activist'.
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