Summary
SCOTLAND'S investment trust industry is to come under pressure from institutional investors to reshape their boards or face a year of shareholder revolt.
Large investors are growing increasingly concerned that a number of flagship Scottish investment trusts are showing few signs of restructuring their boards to conform with new standards of corporate governance. Institutions fear that failure to introduce new blood to boards will lead to continued underperformance.See the full content of this document
Extract
Investors Demand New Blood On Boards
Among those expected to be in the firing line are Edinburgh Investment Trust, Scottish Investment Trust, Alliance Trust, Scottish Americ...
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