Hints and tips:
...Anne RichardsChief executive, M&G The collapse of Northern Rock wasn’t the first time that the combination of long-term lending and short-term borrowing led to the collapse of a financial institution....
...“I’m frustrated that the big passive guys are, at least in the press, stealing the stewardship mantle. I think their engagement is welcome but it’s ironic,” he says....
...Mr McNabb said the structure would help the fund house exert downward pressure on fees as its assets build....
...Bill McNabb, the Vanguard chief executive, said that it was wrong that many directors had never met shareholders in their companies, leaving the task to the chairman or a senior independent director....
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