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Who is behind the shareholder spring?

Analysis of voting figures from early 2012 suggests it's the UK domestic insurers and pension funds that are bringing company execs to heel – but could it be their last hurrah?

The past few weeks have seen such an unusual level of shareholder opposition to big City pay packets that journalists have already begun to dub it the "shareholder spring". But which shareholders are leading the revolution?

In truth, it is still too early to get names for the shareholder rebels in the recent uprisings, as typically, disclosures of managers' voting take place three months, or six months, in arrears.

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