"That the [emerging markets] investment terrain has opened up can be credited in no small part to the efforts of pioneers like Sovereign?"
Tom Buerkle, International Editor, Institutional Investor, March 2006
"Sovereign is one of the best things to happen to Korea in many years. All of Sovereign's goals are focussed on the betterment of Korea's economy and stock market, and nothing else"
Henry M. Seggerman, President, International Investment Advisers
If all the benefits, direct and indirect, brought to Korea by Sovereign, the most important is the
understanding that the owner of a company is its shareholders... Before Sovereign, for a great majority
of individual investors in Korea, investing in corporate stocks was a way to make quick profits. Investing
in the future of a company, based on careful examination of its value, was a minority behaviour. In
this kind of atmosphere, investors were understandably far from feeling any ownership of the companies
they invested in."
Kim Wi-Saeng, Yun Hye-Kyong and Ha Jun-Sam, 'The Truth About Sovereign' p.108
"Sovereign Global is ... well known among the emerging markets community for pressing for shareholder
value and better governance."
Barron's, 7 March 2005
"Sovereign is not a mere speculative fund, but has shown us that you can earn profits justly through
changing corporate governance, and they have done more in one year than what it would take the Fair
Trade Commission and the Financial Supervisory Commission to accomplish in years."
Hasung Jang, Professor, Korea University and Advisor to Korea's first Corporate Governance fund
"By taking principled and well-publicised positions regarding corporate governance at NLMK, Sovereign
advanced the level of dialogue and understanding regarding shareholder rights in Russia".
Jim Dannis, Former Head of Eastern European Investment Banking, Salomon Brothers,
Institutional Investor, March 2006, Page 48
"Sovereign Global has been playing a significant role in corporate governance reform in Russia for a
decade. They have displayed great focus, perseverance and patience in seeking to create a more
professional, honest and transparent business culture."
Boris Fedorov, Former Russian Finance Minister and Director |
