Asset managers urged to give schemes more voting control

More transparency and action urged in letter from Guy Opperman and stewardship group

James Phillips
clock • 3 min read
Asset managers urged to give schemes more voting control

Asset managers need to give pension funds more say on how their votes should be cast at annual general meetings (AGMs), the pensions and financial inclusion minister says.

In a letter to 44 asset managers, Guy Opperman said asset managers should allow investors in pooled funds to make expressions of wishes regarding their voting preferences. They should also sign ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Investment

Industry Voice: Rethinking sustainable investing approaches

Industry Voice: Rethinking sustainable investing approaches

An effective sustainable investment approach will require an understanding of the challenges that asset managers are facing today.

MFS INVESTMENT MANAGEMENT AUTHORS: Pilar Gomez-Bravo, Director of Fixed Income – Europe, Vishal Hindocha, Director, Global Head of Sustainability Strategy and THE EURASIA GROUP AUTHORS: Shari Friedman, Managing Director, Climate & Sustainability, Jens Larsen, Director, Global Macro-Geoeconomics
clock 20 March 2023 • 3 min read
The outlook for inflation and interest rates and how schemes should respond

The outlook for inflation and interest rates and how schemes should respond

Robert Scammell looks at interest rates and inflation and the impact on pension funds

Robert Scammell
clock 17 March 2023 • 4 min read
PIC invests £50m in Hampshire reservoir

PIC invests £50m in Hampshire reservoir

Investment will finance construction of UK’s first reservoir for over 30 years

Martin Richmond
clock 16 March 2023 • 2 min read
Trustpilot