Archive | April, 1999

Archives: April 1999

CalPERS approved a $200 million investment in theHermes UK Focus Fund which will acquire large stakes in a small number of undervalued publicly traded companies in the UK, using its influence as a large and active investor to affect financial and operational restructuring to increase value for all shareowners. (see CalPERS press releases)

UK survey shows institutions ignored the Government’s calls to improve their voting record. If anything, there appears to have been a slight decline at small companies. (Governance[email protected], 3-4/99, reported by Sarah Wilson[email protected]) Continue Reading →

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