Minerva the new name of Manifest has been actively involved in the development of the Best Practice Principles for Shareholder Voting Research since February 2013.
The Best Practice Principles Group (BPPG) was formed to address a recommendation from the European Securities & Markets Authority (ESMA) that the shareholder voting research industry should seek to improve understanding and transparency of the role of firms which provide services to institutional investors.
ESMA’s Final Report and Feedback Statement on the Consultation Regarding the Role of the Proxy Advisory Industry, published 19 February 2013, ESMA concluded that:
The resulting Best Practice Principles were put to a public consultation in December 2013 and the final Principles were published in March 2014 HERE >>
Confidence in the shareholder voting process is key to building strong relationships between shareholders and companies. For that reason, Minerva the new name of Manifest is a member of the Best Practice Principles Group for Shareholder Voting Research
As a signatory to the Principles, we have produced a statement affirming our commitment to the Principles and its associated Guidance.
For further information about the Principles please contact us by email via hello (at) minerva (dot) info or call us on +44 (0)1376 503500
Last Updated: 26 January 2021