Peter Butler and Steve Brown who left the fund manager in August after a disagreement over strategy, have launched ‘Governance for Owners’, a global corporate governance outsourcing business, The Financial Times has reported.
The service is to carry out specialist shareholder engagement duties for clients who lacked the resources to engage in governance matter with foreign companies in which they hold a stake.
Butler has said that the company will not rival Hermes’ work in this sector, but ‘we have not worked out our final strategy yet’.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel