On December 11, US President Trump issued an executive order, Protecting American Investors from Foreign-Owned and Politically-Motivated Proxy Advisors (the EO). An accompanying fact sheet was also ...
The proverb of “If at first you don't succeed, try, try again” seems to be applicable in this case, as the House of Representatives has, once again, taken aim at the use of environmental, social and ...
New legislation narrows advisors' fiduciary discretion, resetting how they evaluate risk and return in retirement plans ...
After CEO Jamie Dimon railed against the advisers for years, the bank’s asset management unit cut firms like ISS and Glass Lewis out of U.S. voting decisions.
Recent news reports have made it increasingly obvious that lasting reform of the proxy advisory system will require congressional action. Proxy advisory actions — recommendations to investors, ...
Legislation in the New Hampshire House of Representatives would combat environmental, social, and governance (ESG) scores by ...
In a break that shapes the architecture of shareholder power, JPMorgan Asset Management severed all ties this week with ISS ...
In the not-too-distant future, when someone authors the definitive book about the political battle over ESG investing, they’re likely to describe it as a fight between Wall Street and Main Street. If ...
Legislation in the Texas Senate would combat environmental, social, and governance (ESG) scores by mandating that public retirement systems in Texas, as well as their investment managers and proxy ...
Recent news reports have made it increasingly obvious that lasting reform of the proxy advisory system will require congressional action. Proxy advisory actions — recommendations to investors, ...