Another Link in the Chain: Uncovering the role of proxy advisors in investor voting

This analysis is the second of a two-part report exploring the role and influence of proxy advisors in the investment system, with particular reference to asset managers frequently used by UK based charity investors. It analyses proxy advisors’  recommendations on environmental, social and governance (ESG) shareholder resolutions from the 2019 AGM season, compared to 23 asset managers’ voting decisions, including commonly used charity and other major asset managers.