Private Banker International on MSN

Wells Fargo switches to in-house proxy voting system

WIM will determine proxy votes for these assets using a policy and set of instructions it has developed.
By Manya Saini Jan 28 (Reuters) - Wells Fargo's wealth and investment management unit launched an internal proxy voting ...
In a speech, Brian Daly backed AI proxy-voting research as a potential response to what he described as an ecosystem ...
The bank’s investment management arm becomes the second major asset manager to ditch third-party proxy advisory firms for a ...
The bank will make voting decisions on shareholder proposals without the help of proxy advisers like ISS and instead rely on ...
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 ...
Recent news reports have made it increasingly obvious that lasting reform of the proxy advisory system will require congressional action. Proxy advisory actions — recommendations to investors, ...
AST Financial and NuArca have completed a successful scaled-up pilot of their blockchain-based proxy voting solution, ahead of its planned launch in March 2018. The pilot tested the solution’s ability ...
Trump's order boosts SEC/DOL oversight of proxy advisors, ensuring voting recommendations prioritize investors' financial interests over ideology. WASHINGTON, DC ...
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.