Proxy voting: Reporting on our activity
09th July, 2021
At Davy Global Fund Management (‘DGFM’), we view proxy voting as both a fulfilment of our fiduciary duty to our clients and a key part of our investor-led active ownership approach. We seek to ensure our clients’ best interests are represented by either voting in line with our ISS1 most sustainability-conscious voting policy, or exercising our own judgment where we see fit. Proxy voting forms a reciprocal relationship with our engagement activity. Information gained through company engagement supports our voting decisions and, in turn, proxy voting agenda items may provide subject matter for future engagement activity.
Figure 1 below outlines proxy voting summary statistics for the period July 2020 to June 2021.
Figure 1. Summary of DGFM proxy voting 30th June 2020 to 30th June 2021
Source: ISS and Davy Global Fund Management as at 30th June 2021.
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1The Institutional Shareholder Services Group (ISS) provide proxy voting services to DGFM including alerting us to upcoming corporate actions, recommending how to vote and then voting based on DGFM’s instruction for the accounts which employ the service.
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