F&C Asset Management contracted with ADP Investor Communication Services to provide proxy-voting execution and with Board Analyst, Glass Lewis, Institutional Shareholder Services, Institutional Voting Information Services and Manifest Information Services for proxy research, according to an F&C statement.
F&C had used a single firm to provide both execution and research. Sergei Cristo, communications manager, declined to name the firm.
The changes "will enable F&C to gain direct control over execution," the statement said.
"At the same time, this frees us up to source research from the best specialists we can find," Karina Litvack, head of governance and socially responsible investment, said in the statement.