Hamilton Claxton and Royal London Asset Management

Royal London Asset Management: The investment firm, which manages a total of £83.4bn of assets, particularly singled out the attendance record of Ashley, who founded the company, according to The Guardian. We question how a board can effectively function when the executive deputy chairman fails to attend four board meetings, even if they are unscheduled, Hamilton Claxton said. Ashley Hamilton Claxton, corporate governance manager at Royal London Asset Management , which owns about £8.3m of Sports Direct shares, said: We have lost confidence in the board and are very concerned about the long list of corporate governance failings that have not been addressed. Related:Shareholder group issues 'red alert' warning on Sports Direct bonuses While RLAM shareholding is small – less than 1% of Sports Direct stock – the firm strong stance is the first sign that City investors are being swayed by growing criticism of the retailer practices. The union is demanding an end to Victorian labour practices at the Shirebrook warehouse, and want a commitment to pay the living wage, as calculated by independent analysts, of £7.85 per hour. Sports Direct also faces protests outside the meeting at its headquarters in Shirebrook and at 17 stores around the country by members of Unite dressed as Dickensian workers. (news.financializer.com). As reported in the news.