Proxy voting in 2016 A proposal to report on investments in companies tied to genocide with regard to Voya’s corporate values received 6.09% in favor (7.70% of the yes/no votes) at Voya’s annual meeting on May 26, 2016 Read William Rosenfeld’s presentation of the proposal at the May 26, 2016, annual […]
Category Archives: Press
Fidelity Thwarts Multi-Year Anti-Genocide Vote Campaign
Published by Ignites. By Peter Ortiz August 24, 2015 In an ongoing battle to rid anti-genocide shareholder proposals from its proxy ballots, Fidelity has successfully knocked the question off of votes for three funds that collectively represent $23 billion in assets. Last week, the Securities and Exchange Commission said Fidelity could exclude […]
BlackRock likely to face shareholder proposal urging it to divest firms linked to genocide
Published by Responsible Investor. The proposal comes from Investors Against Genocide campaign group by Jan Wagner | January 28th, 2015 US asset management giant BlackRock is likely to face a shareholder resolution from an NGO at its upcoming annual general meeting (AGM) urging it to divest two Chinese firms over […]
J.P. Morgan Suffers Another Anti-Genocide Loss
Published by Ignites. By Peter Ortiz April 21, 2014 J.P. Morgan suffered another defeat against anti-genocide advocates who successfully targeted a money market fund. This followed the protest group’s first victory against the asset manager in 2011. J.P. Morgan had requested that it avoid SEC enforcement action if it excluded a […]
Request To Nix JPMorgan Fund Shareholder Proposal Denied
Published by Compliance Intelligence. Apr 21, 2014 – – Peter Rawlings The Securities and Exchange Commission has rejected a request for no-action relief that would have allowed the trust for a JPMorgan Chase municipal money market fund to exclude a shareholder’s proposal from the proxy materials for its next shareholder […]
Sudan proxy war hits Wall Street roadblock
Published by Financial Times. By Joe Morris Shaken by evidence of human rights abuses in Sudan, US pensions and endowments began divesting from companies linked to the government years ago, but financial companies and mutual funds almost uniformly still cling to shares. Pressure groups point to four oil companies – […]
Franklin Can’t Keep Anti-Genocide Prop Off Ballot
Published by Ignites. January 10, 2014 The Securities and Exchange Commission has denied Franklin Resources’ request to skip a shareholder vote on divesting from shares of companies linked to genocide, Reuters reports. The proxy proposal, which calls on Franklin’s board to adopt procedures for screening out such companies, involves a […]
SEC rules Franklin Resources may not omit genocide-related proposal from proxy
Despite company’s effort to suppress vote, shareholders will be heard on genocide-free investing JANUARY 9, 2014 – Today, the Securities and Exchange Commission made public a rejection of the attempt by Franklin Resources, parent company of Franklin Templeton mutual funds, to suppress a genocide-free investing shareholder proposal from its proxy […]
