Investor Engagement and Activist Shareholder Strategies

A Deloitte survey of CFOs of US public companies conducted in 2015 identified the following trends. Our experience indicates these trends still hold true, and in some cases, they have intensified. Just under three-quarters of US public companies surveyed experienced shareholder activism, most often in the form of direct communication to management or the board….

The Prescience of 5% of Investors: A Monsanto Case Study

Even though a proposal receives only a fraction of shareholder support, it may still be the best available opportunity to bring more foresight to investors, board, and management on an issue that may eventually prove costly to a company. Only a small portion of investors may be exercising prescience on risk management or governance issues…

Brunel’s Stewardship Policy

We recommend Brunel’s excellent stewardship policy as a model for institutional investors everywhere. Stewardship is defined as the job of taking care of something, such as a company or property. As investors, we use the term assets. Brunel is committed to responsible stewardship and seeks to contribute to the ‘care’ of all the assets under…

US SIF: Sustainable, Responsible, and Impact Investing Trends Report

US SIF has published a new report on sustainable, responsible, and impact investing trends, noting a one-third increase: The demand for sustainable and impact investing is growing—investors now consider environmental, social and governance (ESG) factors across $8.72 trillion of professionally managed assets, a 33 percent increase since 2014. Money managers and institutional investors are scrutinizing…

Comptroller Stringer, NYC Funds: Unprecedented Disclosure of Corporate Boardroom Diversity Following Groundbreaking Campaign : Office of the New York City Comptroller Scott M. Stringer

New York City Comptroller Scott M. Stringer and the New York City Pension Funds today announced that after less than a year, the groundbreaking “Boardroom Accountability Project 2.0” (BAP 2.0) campaign, an initiative which pushes for greater corporate board diversity and transparency reforms, has accomplished unprecedented engagement with more than half of the 151 major…

BlackRock turns up the pressure on gun makers – Mar. 2, 2018

BlackRock, calling the issue of gun manufacture and sales one of “tremendous urgency,” is engaging with its portfolio companies: It said it has already had “constructive discussions” with some of the companies. It plans to ask gun makers how they’ll deal with the reputation and legal risks associated with manufacturing civilian firearms, and if they…