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Antofagasta in investors’ crosshairs over gender diversity

Attracta Mooney, Investment Correspondent

Antofagasta and the company behind Park Plaza hotels are among five businesses facing a potential backlash at their upcoming annual meetings following a warning from the UK’s Investment Association over a lack of women in senior roles. The IA’s influential voting advisory service Ivis has issued so-called red-top alerts to investors over gender diversity levels at the companies, which also include mining company Hochschild, energy business ContourGlobal and Polypipe Group, a piping manufacturer. This month, Ivis issued red-top alerts for five other businesses, including Just Eat and Petrofac, ahead of their annual meetings.