Hermes pushes for dismissal

clock •

NETHERLANDS - Hermes Focus Asset Management, has put forth proposals for the dismissal of the chief executive and five members of the supervisory board of dutch chip manufacturer ASMI.

Hermes put the request for it to appear on the agenda of the company's Annual General Meeting of Shareholders to be held on 21 May 2008. Hermes said it wanted the dismissal of CEO, Chuck del P...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Netherlands

Netherlands

Falling coverage ratios will hamper Dutch pension funds' buy-out efforts, warns ABN Amro

NETHERLANDS - ABN Amro predicts half of Dutch company pension funds will shift assets to insured schemes.

Thomas Whittaker at Risk.net
clock 01 November 2011 •
Netherlands

Falling interest rates pummel funding ratios at PFZW, ABP

NETHERLANDS - Dropping interest rates knocked the coverage ratio for Pensioenfonds Zorg & Welzijn (PFZW) down to 91% and Stichting Pensioenfonds ABP's down to 90%.

Raquel Pichardo-Allison
clock 20 October 2011 •
Netherlands

State Street wins Dutch pension custody mandate

NETHERLANDS - Dutch pension fund Stichting Pensioenfonds SABIC Innovative Plastics has appointed State Street Corporation to provide custody and other services for its €700m ($970m) in assets.

Jaishree Kalia
clock 19 October 2011 •
Trustpilot