In the interim, though, investors could consider a «core and explore» or «core / satellite» approach that puts index funds at the core of registered portfolios (where tax consequences of switches are minimized), while perhaps
retaining existing holdings in non-registered portfolios.
Not exact matches
If, for example, our
existing shareholders
retain a significant portion of their
holdings of Class B common stock for an extended period of time, they could, in the future, continue to control a majority of the combined voting power of our outstanding capital stock.
When the figure is above 8 %, an
existing holding is still considered worthy of being
retained.
The Board recommends a vote AGAINST a stockholder proposal seeking to have us adopt a policy requiring that senior executives
retain a significant percentage of stock acquired through equity pay programs until reaching retirement age because our
existing stock ownership guidelines and other compensation policies already effectively facilitate significant stock ownership by our executives, and establishing
holding requirements based on a particular retirement age would not be in the best interests of our stockholders.
These elements of the neoconservative temper
retain their relevance even if neoconservatism as a program does not» and any conservatism worth defending will want to
hold on to them even when neoconservatism
exists only in memory.
As ALM's Chris Johnson and Rose Walker put it in their recent feature, a verein is: «A
holding structure that allows member firms to
retain their
existing form.
The English courts therefore
retain a discretion to enforce an award even where one of these grounds
exists, but this discretion is very narrowly construed (Yukos Oil Company v Dardana Ltd [2002] 2 Lloyd's Rep 326; Dallah Real Estate & Tourism
Holding Co v Ministry of Religious Affairs (Pakistan)[2009] EWCA Civ 755).