Enabling Asset Managers to Offer Underlying Clients Array of Voting Choices
NEW YORK (November 15, 2022) – Institutional Shareholder Services Inc. (“ISS”), a leading provider of corporate governance and responsible investment solutions to the global financial community, today announced the launch of Vote Preference, a suite of flexible solutions enabling asset managers to offer voting choices directly to their underlying clients.
A growing number of asset managers’ underlying clients are seeking greater control over their voting decisions, which until now has been challenging when their portfolio is sub-advised or in a pooled vehicle. Leveraging innovative and proprietary technology, ISS Vote Preference helps solve for long-standing market limitations by enabling asset managers to capture and execute the vote intentions of their underlying clients through a flexible suite of solutions.
ISS Vote Preference allows asset managers to offer their clients multiple ISS policy choices including Benchmark, Sustainability, Taft Hartley, SRI, Public Fund, Board Aligned, Faith-Based, as well as custom voting policies, with ISS vote aggregation and split vote management execution capabilities, leveraging ISS ProxyExchange and API technology. ISS also offers asset managers additional collaboration tools through ISS Communicator which can be tailored to the individual needs of their Vote Preference programs. ISS’ Vote Preference holdings solution allows asset managers to easily automate the display and vote execution of their underlying clients’ respective share percentages and provides a full audit trail of communications and vote history, ensuring accurate and timely record-keeping and reporting.
“ISS Vote Preference leverages innovative and proprietary technology to deliver flexible solutions that enable asset managers to keep pace with increasingly sophisticated and varied shareholder democracy requirements,” said Lorraine Kelly, Head of Investment Stewardship Solutions at ISS. “With more than 35 years of history and industry leadership, ISS continues to support clients as the most experienced, pioneering, and trusted stewardship, voting, and workflow solutions provider in the market.”
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About ISS. Founded in 1985, Institutional Shareholder Services group of companies (ISS) empowers investors and companies to build for long-term and sustainable growth by providing high-quality data, analytics and insight. ISS, which is majority owned by Deutsche Börse Group, along with Genstar Capital and ISS management, is a leading provider of corporate governance and responsible investment solutions, market intelligence, fund services, and events and editorial content for institutional investors and corporations, globally. ISS operates on an arm’s-length basis and Deutsche Börse has adopted Principles protecting the independence and integrity of ISS’ research offerings. ISS’ 2,800 employees operate worldwide across more than 30 global offices in 15 countries. Its more than 4,000 clients include many of the world’s leading institutional investors who rely on ISS’ objective and impartial ESG and governance research, market intelligence and fund services and data and analytics, as well as public companies focused on ESG and governance risk mitigation as a shareholder value enhancing measure.
Media Contact:
Sarah Ball, Executive Director, Communications
+44-203-192-5728
sarah.ball@issgovernance.com
ISS Launches ‘Vote Preference’ Solution
Enabling Asset Managers to Offer Underlying Clients Array of Voting Choices
NEW YORK (November 15, 2022) – Institutional Shareholder Services Inc. (“ISS”), a leading provider of corporate governance and responsible investment solutions to the global financial community, today announced the launch of Vote Preference, a suite of flexible solutions enabling asset managers to offer voting choices directly to their underlying clients.
A growing number of asset managers’ underlying clients are seeking greater control over their voting decisions, which until now has been challenging when their portfolio is sub-advised or in a pooled vehicle. Leveraging innovative and proprietary technology, ISS Vote Preference helps solve for long-standing market limitations by enabling asset managers to capture and execute the vote intentions of their underlying clients through a flexible suite of solutions.
ISS Vote Preference allows asset managers to offer their clients multiple ISS policy choices including Benchmark, Sustainability, Taft Hartley, SRI, Public Fund, Board Aligned, Faith-Based, as well as custom voting policies, with ISS vote aggregation and split vote management execution capabilities, leveraging ISS ProxyExchange and API technology. ISS also offers asset managers additional collaboration tools through ISS Communicator which can be tailored to the individual needs of their Vote Preference programs. ISS’ Vote Preference holdings solution allows asset managers to easily automate the display and vote execution of their underlying clients’ respective share percentages and provides a full audit trail of communications and vote history, ensuring accurate and timely record-keeping and reporting.
“ISS Vote Preference leverages innovative and proprietary technology to deliver flexible solutions that enable asset managers to keep pace with increasingly sophisticated and varied shareholder democracy requirements,” said Lorraine Kelly, Head of Investment Stewardship Solutions at ISS. “With more than 35 years of history and industry leadership, ISS continues to support clients as the most experienced, pioneering, and trusted stewardship, voting, and workflow solutions provider in the market.”
###
About ISS. Founded in 1985, Institutional Shareholder Services group of companies (ISS) empowers investors and companies to build for long-term and sustainable growth by providing high-quality data, analytics and insight. ISS, which is majority owned by Deutsche Börse Group, along with Genstar Capital and ISS management, is a leading provider of corporate governance and responsible investment solutions, market intelligence, fund services, and events and editorial content for institutional investors and corporations, globally. ISS operates on an arm’s-length basis and Deutsche Börse has adopted Principles protecting the independence and integrity of ISS’ research offerings. ISS’ 2,800 employees operate worldwide across more than 30 global offices in 15 countries. Its more than 4,000 clients include many of the world’s leading institutional investors who rely on ISS’ objective and impartial ESG and governance research, market intelligence and fund services and data and analytics, as well as public companies focused on ESG and governance risk mitigation as a shareholder value enhancing measure.
Media Contact:
Sarah Ball, Executive Director, Communications
+44-203-192-5728
sarah.ball@issgovernance.com
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