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Institutional Investors Continue to Dig Deeper into the Inner Workings of Portfolio Companies in Preparation for Their Proxy Voting Decisions, According to a New Morrow Sodali Survey

The Associated Press

LONDON--(BUSINESS WIRE)--Feb 11, 2019--Institutional Investors with assets under management of USD 33 trillion continue to want more information from portfolio companies about board composition and business strategy and sustainability related topics, according to Morrow Sodali’s annual Institutional Investor Survey, released today. The survey highlights several areas of concern for investors looking ahead to voting proxies at 2019 annual shareholder meetings:

The Morrow Sodali survey, the fourth of its kind, was conducted in December 2018. Forty-six global Institutional Investors, with USD 33 trillion of assets under management, responded to the survey.

Survey respondents also indicated that:

Kiran Vasantham, Director of Investor Engagement, said: “This survey provides issuers with valuable insights on investor expectations and voting policies. It is a bellwether for all companies as we enter the 2019 Annual Shareholder Meeting season. I am delighted so many investors took part in the survey, as it provides an important overview of asset managers’ priorities on a broad spectrum of ESG issues.”

To access the full report of Morrow Sodali’s Institutional Investor Survey 2019, click here. To access our previous surveys (2016, 2017 & 2018), click here.

About Morrow Sodali

Morrow Sodali is the leading global consultancy specializing in shareholder and bondholder services, corporate governance, proxy solicitation and capital markets transactions. The firm provides corporate boards and executives with strategic advice and services relating to a broad range of activities, including: mergers and acquisitions, annual and special meetings, shareholder activist initiatives, multinational cross-border equity transactions and debt restructuring services.

From headquarters in New York and London, and offices and partners in major capital markets, Morrow Sodali serves more than 700 corporate clients in 40 countries, including many of the world’s largest multinational corporations. In addition to listed and private companies, its clients include mutual funds, ETFs, stock exchanges and membership associations.

For further information about Morrow Sodali, please visit www.morrowsodali.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20190211005055/en/

CONTACT: For media enquiries, please contact:

EMEA

Clément Bénétreau

E‐mail:c.benetreau@morrowsodali.com

Phone: +33 1 79 97 13 67

US

Jennifer Carberry

E‐mail:j.carberry@morrowsodali.com

Phone: +1 203 658 9419

APAC

Christian Sealey

E‐mail:c.sealey@morrowsodali.com

Phone: +61 2 8022 7900

KEYWORD: UNITED KINGDOM EUROPE

INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING FINANCE LEGAL

SOURCE: Morrow Sodali

Copyright Business Wire 2019.

PUB: 02/11/2019 07:00 AM/DISC: 02/11/2019 07:01 AM

http://www.businesswire.com/news/home/20190211005055/en