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Index construction: leading body warns against ‘false promises’
by Emma Dunkley on Mar 11, 2013 at 10:40
The trade body’s recommendations come shortly after a parliament hearing last week , on the Kay review of UK equity markets and long-term decision making.
During this hearing, Invesco Perpetual’s Neil Woodford, who runs more than £30 billion and is head of UK equities at the firm, has urged other fund managers in the active space to focus on corporate governance and act like owners of companies they hold stakes in.
He said: ‘I am an exception in the industry,’ said Woodford. ‘I take corporate engagement very seriously.The industry is failing on this point, but it is possible…to accept responsibility of ownership.’
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Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
On the road
on May 24, 2013 at 11:32