PIRC reports, on the basis of its own research, that just under half of the asset managers making a statement on compliance with the UK Stewardship Code do not make any voting data public: see here. The Guidance accompanying Principle 6 of the Code states that "Institutional investors should disclose publicly voting records and if they do not explain why".Friday, 21 January 2011
UK: voting disclosure and the Stewardship Code
PIRC reports, on the basis of its own research, that just under half of the asset managers making a statement on compliance with the UK Stewardship Code do not make any voting data public: see here. The Guidance accompanying Principle 6 of the Code states that "Institutional investors should disclose publicly voting records and if they do not explain why".
Labels:
disclosure,
institutional shareholders,
stewardship code,
uk
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