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Report Calls for Action on Voting Impasse Between Asset Owners and Fund Managers

Barriers to split voting not “insurmountable”, says UK trustee body, but voting system no longer “fit for purpose”.

The UK fund management industry is routinely refusing to report or explain deviations from client voting policies in pooled funds, according to a new report by the Association of Member Nominated Trustees (AMNT). Based on qualitative interviews across the industry, ‘Bringing Shareholder Voting into the 21st Century’ examines the barriers…

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