Across the pond, one of the most influential voices these days in corporate governance is L&G Investment Management's Mark Burgess. He heads corporate governance for the insurer which this month transferred some $39.4 billion in assets from Hermes to its index-tracking fund division, making it the largest investor in U.K. stocks.
In a profile today, The Financial Times reports that L&G owns 4.7 percent of the U.K. stock market and "usually ranks among the top three investors of any U.K. company. That immediately propels Mark Burgess, head of corporate governance at L&G and its active equity funds, centre stage in any dispute between shareholders and companies.
See full Article.
Posts
