Reuters – Former British financial services minister Paul Myners, a strong advocate of shareholder engagement with companies in which they invest, is to join activist hedge fund Cevian Capital as chairman of its UK operations.
Myners, former chairman of fund firm Gartmore (now part of Henderson Group), will become a partner and will use his contacts to aid its work with company management and other shareholders, said Cevian, which manages around 3.5 billion euros ($5 billion) in assets.
