AMG and Friess Associates reached an agreement resolving a proxy battle over subadviser changes in two AMG mutual funds.
The three largest U.S. pension funds are backing a bid by hedge fund firm Engine No. 1 to replace board directors at Exxon Mobil.
NBIM will vote against the re-election of Credit Suisse's risk committee in reaction to the Greensill and Archegos scandals.
Friess Associates' 401(k) plan is urging shareholders of two AMG mutual funds to reject the termination of Friess as a subadviser.
Data show the most diverse group of employees hold lower-level roles in money management firms, while those at the top are less diverse.
BlackRock plans to undergo a review of how its diversity, equity and inclusion policies impact stakeholders.
Ontario Teachers' Pension Plan and Alberta Investment Management Corp. sold their stakes in Glass Lewis, a governance solutions provider.
As You Sow released scorecards to help investors assess S&P 500 companies' efforts on racial justice and workplace equity disclosure.
New York State Common withrew a shareholder proposal challenging diversity efforts at McDonald's after the fast-food chain proposed changes.
Apollo Global named former SEC Chairman Jay Clayton as lead independent director, after a probe into the firm's links to Jeffrey Epstein.
Five large money managers are being asked to disclose political contributions following the Jan. 6 assault on the U.S. Capitol.
Corporate boards face mounting pressure to be more diverse as investors focus on long-term value and risk management.
Workforce and board diversity are among the top engagement priorities for investors in the 2021 proxy season.
New York State Common Retirement Fund filed a shareholder resolution with Tyson asking the company to eliminate its dual-share stock policy.
For years Wall Street sprinkled money across U.S. politics to make and keep friends in Washington. Now, it's rethinking the consequences.
The 2021 proxy season for ESG issues promises new shareholder tactics and priorities.
New York's state and city comptrollers issued proposals to companies they believe should do better against racial bias or gender parity.
New York City Comptroller Scott Stringer wants 24 companies to disclose the composition of their workforces by race, ethnicity and gender.
Starbucks named Mellody Hobson to lead its board as chairwoman, making her one of the highest-profile Black directors in corporate America.
The U.K. government has set up a task force to develop improvements to voting processes in pooled funds.
Money managers in Europe have been ramping up stewardship processes, but investors still see room for improvement.
French money managers want the country's largest listed companies to improve board diversity by 2025.
Invesco is expanding its board of directors with three new members, including executives at activist hedge fund Trian Fund Management.
An investor initiative led by Illinois' treasurer called on Russell 3000 companies to disclose their boards' racial, ethnic and gender data.
For J.P. Morgan Asset Management, efforts to advance Black talent and improve diversity at the firm start at the top.