This publication focuses on how asset managers vote. It explains how voting by institutional investors works, discusses best practice in asset manager voting, and examines how the UK’s 33 largest asset managers voted on particularly interesting resolutions in 2014.

In this study we have also assessed the public disclosure by managers of their voting positions and rationales for voting decisions.

Through our examination of managers’ public disclosure of voting information we aim to increase transparency and accountability in the stewardship process and drive more thoughtful voting decisions in future AGM seasons.