Three large public asset owners in New Zealand with combined assets of roughly NZ$65 billion ($44.4 billion) hired BMO Global Asset Management to engage with the management of...
June 30, 2015 | 06:09 am
Japan’s Government Pension Investment Fund is searching for three positions overseeing the pension fund’s activities related to the stewardship code the GPIF adopted last year, legal...
June 23, 2015 | 11:44 am
Toyota Motor Corp. shareholders approved a proposal to create a dual-class share structure by a 75% vote, overcoming opposition from four pension funds.
June 17, 2015 | 01:28 pm
Proxy-voting advisory firms Institutional Shareholder Services and Glass Lewis & Co. have come out on different sides of a Toyota Motor Corp. proposal to create a dual-class share structure.
June 15, 2015 | 01:32 pm
Glass Lewis & Co. acquired IVOX GmbH, a Karlsruhe, Germany-based provider of proxy advisory and corporate governance services for institutional investors, the firms announced jointly in a statement.
June 12, 2015 | 03:31 pm
Toyota Motor Corp. faces opposition from several pension funds over a proposal to create a dual-class share voting structure.
June 09, 2015 | 03:04 pm
Large companies have made golden parachutes — severance paid to executives affected by a change in control — “more shareholder friendly” in reaction to shareholder pressure.
June 04, 2015 | 03:10 pm
BlackRock teamed up with Ceres to create a guide for U.S. institutional investors on engaging with companies and policymakers on sustainability issues, the two institutions announced Thursday.
May 28, 2015 | 03:43 pm
Chevron Corp. shareholders voted 55% in support of a proxy-access proposal, while Exxon Mobil Corp. shareholders voted 49.4% in favor of a similar access proposal, according to preliminary voting...
May 27, 2015 | 03:33 pm
CalSTRS and Legion Partners Holdings withdrew their slate of nominees to the Perry Ellis International Inc. board of directors and ended their proxy solicitation contest “in response to recent...
May 26, 2015 | 03:30 pm
Pension funds have lined up in support of a proxy-access proposal filed by the New York City Retirement Systems at Chevron Corp., according to their proxy-voting disclosures.
May 26, 2015 | 03:52 pm
The chief financial officers of two large states and two large cities on Wednesday issued an open letter in their role as pension fiduciaries criticizing the practice of share-buybacks by...
May 20, 2015 | 04:26 pm
Companies, and the investment managers that invest in them, are coming under pressure to add diversity to their top ranks.
May 18, 2015
Aetna Inc. shareholders Friday rejected a New York State Common Retirement Fund proposal calling for the company to disclose spending on political lobbying, said Mark T. Bertolini, Aetna chairman and ...
May 15, 2015 | 03:31 pm
Aetna Inc. shareholders face voting Friday on a New York State Common Retirement Fund proposal calling for the company to disclose spending on political lobbying, and pension funds are lined up on...