Blogs

Latest Blogs

Christmas Contests With Prizes

This month, we’re running two competitions, asking for your nominations. Fat Santa Award: This award will be given to the Chief Executive with the greediest LTIP award, making him...

Shareholder Rights

ShareSoc continue to press for the name on the register, i.e. the beneficial owner not just the nominee as part of a package to restore the rights of individual shareholders, who have been disenfranchised by the nominee system and consequently disempowered. See our Shareholder Rights Campaign for more, and to support us on this. Below is some commentary on recent and not so recent relevant developments. You may have seen that Citi have “launched” a new shareholder voting system. It’s a test ...

Worldwide Healthcare Trust – Telegraph Omits Latest News

This morning (7/12/2017) the Daily Telegraph’s Questor column ran a puff on the Worldwide Healthcare Trust (WWH), a company which incidentally I do hold. It made such comments as “this trust has returned 16 per cent a year for 22 years, and it should keep on roaring”. The Trust fund is managed by Orbimed Capital LLC, and perhaps the unfortunate aspect of the above is the failure to mention the announcement by the Trust yesterday over serious allegations of sexual harassment against ...

New Corporate Governance Code

The Financial Reporting Council (FRC) have published a new UK Corporate Governance Code – a draft that is subject to public consultation. The revised Code sets out good practice so that the boards of companies can: Establish a company’s purpose, strategy and values and satisfy themselves that these and their culture are aligned; Undertake effective engagement with wider stakeholders, to improve trust and achieve mutual benefit, and to have regard to wider society; Gather views of the workforce; Ensure appointments to ...

Budget Feedback, the Patient Capital Review and Productivity

My last post on the Chancellors Budget was written quickly but seems to have covered most of the important points. Perhaps one significant item missed was the additional liability of foreign investors for capital gains tax on property sales, although institutional investors may be exempt. This might have some impact but as the details are not yet clear, it remains to be seen what. Otherwise the media feedback on the budget was generally positive although there was a big emphasis on the ...