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Topic History of: HSBC Exective Pay and the Institutions Voting
Max. showing the last posts - (Last post first)
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admin This is definite - in the UK fund managers don't have to disclose voting - though a very few do - most don't - eg HSBC shows some information but doesn't show it by individual resolution or even by company - read their explanation http://www.hsbcinvestments.co.uk/site/media/pdf/institutional_investors/corp_gov/vote_disclosure.pdf
disclose or die Can anyone confirm this?
Surely this must be in the public domain!!
Concerned Fund managers in the US have to disclose how they have voted on proxy/resolutions put forward to voting by shareholders - they have to submit it to the SEC. In the UK they do not have to disclose and very few do.
mike I think it is compulsory,
Concerned It should be compulsory for the UK Fund Managers/etc to show how they voted on all the resolutions put to shareholders at the AGM.
Minder All these institutions/fund managers are in the Financial Services Industry. They don't want to vote against excessive pay in their own industry.
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