Eighteen out of 20 large investors, including BlackRock, the world’s largest asset manager, Norges ... investment process,” she said. Calstrs, the US public pension fund, and APG, the Dutch pension fund, were most likely to vote against company.
Volvo explained that the group has gone through a substantial restructuring process in recent years to reduce ... of neighboring Norway's vast sovereign wealth fund Norges Bank Investment Management told Bloomberg that while global trade was likely.
The company has once again underscored that shareholders may vote by proxy by November 16 or in person on ... Those who are set to oppose the deal include Norges Bank Investment Management, which is Xstrata’s fourth-biggest shareholder with a 2.96.
Norges Bank ... proxy access, issued Proxy Access at US Companies. Since it is very brief, I reproduce the text below. As reported by FT, Norway’s oil fund joins push for proxy access in US and others, Norges will also start publicizing its voting.
On Wednesday, April 18, 2012 Glass Lewis held a Proxy Talk conference call to discuss proxy access shareholder proposals submitted by Norges Bank Investment Management at several ... held at least 3% of the voting power of a company’s securities.
by Matt Orsagh, CFA, CIPMLast week, two shareowner-sponsored proxy access proposals won majority support at U.S. companies — a momentous occasion for those in favor of shareowner access to the p Sign in / Join Now GO.
At Pioneer Natural Resources, Norges Bank Investment Management ... voting and say on pay before it, the drive for proxy access is an effort by shareowners to hold boards more accountable to the ultimate owners of a corporation: the shareowners. The.
According to the press release, “Norges Bank Investment Management (NBIM), manager of the $550 billion Norwegian Government Pension Fund Global, has filed shareholder proposals for proxy access at six US companies ... the process is cumbersome and.
The fund is managed by Norges Bank Investment Management (NBIM), a part of the Norwegian Central ... Norway’s sovereign wealth fund is taking steps to become more active in proxy voting. In the second quarter of 2013, the sovereign fund voted in.
BlackRock Inc , the world's largest asset manager, and Norges Bank Investment ... process," said Ernst & Young in a summary of its survey of 50 large shareholders in March. Board positions give activists the most influence, which is why they launch proxy.