US - The California Public Employees' Retirement System (CalPERS) has thrown its weight behind twice the amount of shareholder proposals in the fiscal year 2006-7 than the previous one.
Of the 33 proposals filed by CalPERS, several were withdrawn, mainly due to companies backing down and agreeing to new corporate governance practices. Charles Valdes, chair of the investment committee...
Partner Insight: Russell Investments' David Rae and Paul Wharton discuss how fiduciary management has changed in response to a shifting market context and what we might expect to see going forward
Industry Voice: A fiduciary management approach gives trustees a richness of information you can't get with a standard adviser approach, especially in times of market uncertainty, explain Russell Investments' David Rae and Paul Wharton
Two years have passed since the Law Commission's landmark review that attempted to clear up confusion over trustees' fiduciary duties. Stephanie Baxter finds despite some initial progress there is much more work to be done.
Catherine Howarth has been an appointed as an ambassador for the Transparency Task Force (TTF)
Michael Klimes looks at the latest proposal to bring transparency on asset manager costs.