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Showing 1 - 10 of 79 results for "Proxy voting"

Vanguard pays $40m in ESG antitrust lawsuit

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2026
... Vanguard has agreed to make the strongest passivity commitments in the industry and to empower its investors with proxy voting - a first for the industry," Texas attorney general Ken Paxton said, despite Vanguard's Investor Choice program - the largest ...

Unintended consequences of passive investing materialise: MFS

KARREN VERGARA  |  WEDNESDAY, 25 FEB 2026
... that Bogle was referring to problems investors would face in the future around concentration risks, governance and proxy voting. Overall, Geremia said Bogle's message was finding a better balance between active and passive. Geremia also warned about ...

SEC slams proxy adviser 'oligopoly,' urges AI use

KARREN VERGARA  |  MONDAY, 12 JAN 2026
... fiduciary act of managing plan assets that are shares of corporate stock includes the voting of proxies" and that proxy voting determinations by pension plan managers are fiduciary acts that must be made for "the exclusive benefit of plan participants," ...

Cbus Super makes key ESG hire

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
... manage the Australian Sustainable Share Fund, led engagements with company executives and board members, and managed proxy voting on behalf of all global equity teams. "Strong leadership and a shared sense of purpose create the best conditions for impact. ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
... gives special consideration to environmental factors," he said. BlackRock has agreed to increase its disclosure of proxy voting practices and implement compliance measures, including audits by a third-party service to monitor adherence to the agreement's ...

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... proposals are important to companies," he said. Dimon then announced that J.P. Morgan is making enhancements to its proxy voting processes to "amplify the role of portfolio managers" and to address the perception of asset managers' reliance on third-party ...

Cbus appoints head of stewardship

ANDREW MCKEAN  |  WEDNESDAY, 7 FEB 2024
... also occupied the position of director of investment stewardship in the UK, leading board ESG level engagement and proxy voting across multiple European markets and served as a director of operational risk. BlackRock informed Financial Standard that ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... clarifies the ways in which ESG and climate change can be integrated into investment decisions like asset allocation and proxy voting by so-called ERISA funds, which are private workplace-based pension plans.

Platinum Asset Management adds stewardship lead

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2023
... need to broaden the recruitment process to gain access to a wider pool of director talent. Melior has evolved its proxy voting principles and in 2022 increased their focus on board composition, advocating for clearer disclosures around directors skills ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... clarifies the ways in which ESG and climate change can be integrated into investment decisions like asset allocation and proxy voting by so-called ERISA funds, which are private workplace-based pension plans. The new rule change clarifies that a fiduciary's ...
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