| |
| | Corporate Governance News |
 | | Their asset growth is expected to double by 2009 and sextuple, to $6 trillion, by 2015, according to Van Hedge Fund Advisors International. |
 | | The new principals will invest $50 million of their own money in Clipper, they will continue to run Clipper in the concentrated style the fund was known for, holding only 15 to 25 stocks, and the annual management fee will be cut in half. |
 | | Writing for the New York Times, Floyd Norris, goes through the litany of recent corporate governance reforms and notes that "one change that seemed likely - an increase in shareholder power - has not been realized." Donaldson's rulemaking, S7-19-03, is essentially dead and Cox is unlikely to revive it. |
| www.corpgov.net /news/news.html (12890 words) |
|