All articles by Raj Thamotheram, Carolyn Hayman – Page 2

  • Opinion Pieces

    Every lesson helps

    December 2014 (Magazine)

    Here are 12 things arising from the Tesco accounting debacle that pension funds could deploy which would help prevent, or at least mitigate, similar implosions.

  • Features

    Long-term Matters: Lost on Tesco

    November 2014 (Magazine)

    The UK Financial Conduct Authority’s inquiry into the supermarket Tesco is almost certain to miss a key part of the story – how investors enabled this dysfunctional culture. In September the retailer announced it had significantly overstated its first-half profit forecast.

  • Opinion Pieces

    Crony capitalism

    October 2014 (Magazine)

    The public gets it. Academics and financial analysts get it. In fact, many experts say it is the most important governance and democracy issue of our time. So why do investors have so little to say about political donations and the corporate capture of politics?

  • Opinion Pieces

    Learning disabilities

    September 2014 (Magazine)

    Who would invest in a sector that has lagged the Stoxx 600 by 1.1% in overall growth and by 0.3% in EPS growth for the last 19 years on an annual basis?

  • Opinion Pieces

    Is divesting working?

    July 2014 (Magazine)

    OK, it  doesn’t work very well. We’re still on track for runaway climate change, according to Fatih Birol, chief economist of the International Energy Authority.

  • Opinion Pieces

    M&A medicine

    June 2014 (Magazine)

    The debate about Pfizer’s proposed takeover of the UK’s AstraZeneca – which should have resolved itself by the time you read this – reminds us that there are some big unanswered questions relating to institutional investors and M&A activity.

  • Opinion Pieces

    Body of evidence

    May 2014 (Magazine)

    When I was training to be a doctor, the advent of evidence-based medicine (EBM) was a major step forward.

  • Opinion Pieces

    ESG lacks something

    April 2014 (Magazine)

    No, I haven’t had a damascene conversion to become an ESG critic. Rather, my argument is that the ESG (environment, social and governance) community needs to add another ‘E’, for economics.

  • Opinion Pieces

    Lessons from Davos

    March 2014 (Magazine)

    Who would have thought that Davos  would take over from the dormant Occupy movement on the issue on ‘inequality’? Or that five years after the crisis the financial sector would still be top of the WEF Global Risks register?

  • Opinion Pieces

    Are they taking my job?

    February 2014 (Magazine)

    Had anyone told me that McKinsey and the Canada Pension Plan Investment Board (CPPIB) would challenge the institutional investment system as I’ve been doing, I’d have laughed. But when tipping points are reached, paradigm change can happen fast.  Coming hard on the heels of the Kay review and the UK fiduciary duty review, two insiders have acknowledged that institutional investor behaviour is harming business performance and society.

  • Opinion Pieces

    Opposing oil divestment

    January 2014 (Magazine)

    Divestment from oil companies to stop climate change will not work. But by being largely disinterested, the investment industry has given clients and NGOs nowhere else to go. So how should investors push back against divestment?