The bank is launching an in-house, AI-powered tool called Proxy IQ to support its shareholder voting decisions, leaving human proxy advisors behind.
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
My basic point was that, if you own a diversified portfolio of stocks, you will be asked to vote on hundreds of different propositions — annual elections of directors, non-binding social and ...
The House Committee on Financial Services’ April 29 th hearing titled “Exposing the Proxy Advisory Cartel: How ISS & Glass Lewis Influence Markets” examined “the role and influence of proxy advisory ...
At Tesla’s recent annual meeting, shareholders approved an unusual compensation proposal for CEO Elon Musk – if achieved, he could be the world’s first trillionaire. The vote passed by a comfortable ...
The end of June marks the end of another proxy year, and the past year certainly looks very different from previous ones, particularly when it comes to sustainability. Overall, the number of ESG ...
Richard Todd is CEO and co-founder of Innovest Portfolio Solutions, which provides investment consulting services to faith-based organizations. Proxy voting is a key responsibility of all fiduciaries.
Kansas Public Employees Retirement System (KPERS) continues to use a private contractor, Egan-Jones, to manage proxy votes in compliance with a 2023 anti-ESG law. The law prohibits consideration of ...