June 9 Reuters Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly this spring, analysts said, as tough proposals from activists met with growing political pressure on fund firms39; voting. Halfway through the shareholder annual meetings of Russell 3000 companies, average support for voted resolutions on environmental issues was […]

LONDON, June 9 Reuters Mortgage rates in Britain rose again on Friday as economists warned that rising borrowing costs would put the housing market under renewed strain. The average rate on a twoyear mortgage deal across the range of loantovalue ratios rose on Friday to 5.82, compared with 5.30 a month ago, financial data provider […]

HONG KONG, June 9 Reuters Man GLG, the discretionary investment unit of the world39;s largest publicly traded hedge fund, has gone underweight on China after cutting holdings there since January, while pursuing opportunities such as India and AI, a senior fund manager said. As China39;s recovery prospects fade, dashing the high hopes that followed last […]