Asset owners and fund management groups are pressuring their portfolio companies to look at the makeup of their leadership teams in the wake of the Black Lives Matter protests.
The under-representation of non-white …
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Equity investors will increasingly have to consider the physical impacts of climate change on their portfolios, according to recent guidance from the International Monetary Fund.
In a written update on its website, the …
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For some companies, the ability for shareholders to have a voice is a source of constant annoyance.
For proxy voting agents, such as Minerva, understanding the rules of the game and where the lines are drawn is key.
Shareholder rights …
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As the COVID19 lock-down continues, the UK’s Department for Business, Enterprise and Industrial Strategy has announced its intention to publish new regulations enabling companies to hold alternative AGMs for 2020.
Speaking on Saturday, 28 March 2020, Secretary of State Alok …
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Companies, regulators and markets are increasingly realising that the AGM season will be severely disrupted by the COVID19 pandemic.
As social distancing becomes the norm, traditional annual meetings where shareholders gather to hear CEO presentations …
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The US Department of Justice (DoJ) has expressed deep concerns over proxy advisor rule amendments proposed by the country’s financial regulator, warning the changes could quash competition in the advisory market and restrict …
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It has become one of the most disparaged – and lampooned – regulatory institutions of this century.
The Financial Reporting Council’s (FRC) oversight of the audit profession has been dubbed everything from ramshackle to …
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SEC chairman Jay Clayton has faced an extraordinary grilling over the fake investor letters he cited in ‘support’ of the regulator’s proxy advisor rule changes – with a prominent US senator telling him he was “duped”.
Clayton was finally forced …
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The chief of UN-backed Principles for Responsible Investment (PRI) has lashed out at the SEC and corporate lobby groups for trying to dampen investor rights.
In an opinion piece for the FT this week, chief executive of the PRI Fiona …
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A major activist group has launched a petition to fight the SEC’s shareholder proposal rules – already securing nearly two-thirds of the 75,000 target signatories.
Credo Action, which represents millions of activists around the globe fighting for progressive change, warned …
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