Investor organisation to lobby firms with ADRs

An influential investor organisation will press companies with American Depositary Receipt (ADR) programmes to improve the terms of depositary agreements in favour of investors.

The International Corporate Governance Network (ICGN), representing institutional investors with a total of $10 trillion (&euro11 trillion) in assets, has published an analysis of where the rights of ADR holders are curtailed in relation to those of full shareholders.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire