FRR issues proxy voting guidelines

clock

FRANCE - The e19.2bn Fonds de Reserve pour les Retraites (FRR) has said that it will actively participate in improving corporate governance of the issuers that it invests in by ensuring that its shareholder rights are "systematically exercised" in issuer shareholder meetings.

Issuing guidelines for voting proxies at shareholder meetings, the fund said that while it does does not intend to use its shareholder influence to acquire formal representation on the corporate go...

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 France

Alcatel-Lucent funding status drops into the red

FRANCE - Alcatel-Lucent reported a pension and other post employment benefit (OPEB) deficit of €1.2bn ($1.7bn) in the third quarter down from an overfunding of €49m at the end of June.

clock 04 November 2011 •

FRR's funding ratio drops

FRANCE - The Fonds de reserve pour les retraites' funding ratio fell to 132%, dropping 11 percentage points from June's value due to decreasing interest rates on 10-year bonds.

clock 21 October 2011 •

Global SWFs discuss contributions to global growth

FRANCE - Global sovereign wealth funds with over $9trn in assets are meeting to discuss ways to boost global economic growth, including the potential use of new financial instruments like "loyalty shares" or "capital access bonds".

clock 18 October 2011 •
Trustpilot