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Article

19 May 2003

Author:
ISIS Asset Management, Schroders Investment Management, Insight Investment Management, Dresdner RCM Global Investors, Co-operative Insurance Society, Jupiter Asset Management, Central Finance Board of the Methodist Church, Henderson Global Investors, Morley Fund Management

Investors call for greater transparency by extractive companies [UK]

A group of 10 investors representing £466 billion (€650 billion) has today issued a statement calling on extractive companies to be more transparent about the payments they make to governments...The [UK] Prime Minister has endorsed the statement by investors: “...a lack a transparency over payments and revenues can fuel corruption, conflict and poverty..."