It's one of the principal and most-respected corp gov groups out there, of course, and one of the only ones that advocates for investors, for that matter. For portfolio managers that have at least a casual interest in activist investing, it's worth a bit of your time getting to know the Council of Institutional Investors.
They emphasize pure corp gov improvements for their own sake, lately majority voting in BoD elections, at the expense of more mundane goals like alpha and beta. But, hey, someone has to do it.
We explain who they are, what they do, and what we saw at their most recent conference last week in Chicago, in our current blog post. |