Voting Decisions at US Mutual Funds: How Investors Really Use Proxy Advisers (more…)
Tag Archives | proxy advisors
BlackRock Declares Independence from Proxy Advisors
James McRitchie, January 23, 2012 ,
Marty Lipton and David Karpview view as “significant” the announced effort by BlackRock Inc., which invests over $3.345 trillion of client assets, to take a direct interest in the governance of the companies in which they invest. According to this 1/21/2012 post, Disintermediating the Proxy Advisory Firms, at the Harvard corpgov (more…)
Regulations for Proxy Advisory Firms Urged
James McRitchie, January 17, 2012 ,
Earlier today, the Shareholder Communications Coalition, composed of organizations not generally associated with shareholder advocates (Business Roundtable, National Investor Relations Institute, Securities Transfer Association, and The Society of Corporate Secretaries and Governance Professionals), sent a letter to the SEC with its suggestions for a proposed (more…)
Responsible Investor: Manifest to Enter US Market; UN Global Compact Gets Tough
James McRitchie, January 24, 2011 ,
UK-based proxy voting and research firm Manifest Information Services, which numbers the Swedish AP buffer funds among its clients, is planning to enter US market. Manifest, whose US partner Proxy Governance International (PGI) withdrew from the market late last year, will begin marketing in the US shortly, said Chief Executive Sarah Wilson. Manifest’s move comes […]
More Regulatory Oversight for Proxy Advisors?
James McRitchie, March 17, 2010 ,
Two of the members of the Shareholder Communications Coalition — the Society of Corporate Secretaries & Governance Professionals and the National Investor Relations Institute — have developed a Discussion Draft on Proxy Advisory Services, to help policymakers and regulators in their review and evaluation of the proxy voting systems. The Discussion Draft presents recommendations for […]