L&G Investment Management (LGIM) is to begin voting against the chairs of boards of FTSE 350 companies if they do not have a 25% female representation at board level, as it revealed it voted against 37 board chairs in the UK in 2017 due to the lack of diversity.
In its annual Corporate Governance report, the firm said overall it had increased its votes against management last year, opposing the reappointment of 2,807 company directors and voted against at least...
Lowest measure since index launched in 1995
Will be 'core to all great portfolios'
Why the traditional approach of combining bonds and equities is not the best way to improve risk-adjusted returns
Partner Insight: The way in which bonds have been so successfully combined with equities in the past 35 years has been contingent on them delivering high returns in periods of equity market stress. Yet in half of the 20-year periods over the past 120...
£34bn of non-sterling assets to be merged
Spent 13 years at Pictet