Voting disclosure
Our approach to disclosure
Following the successful launch of a Global Voting Platform in 2009, we now have the capability to vote our clients' shares globally. For now, we've included information on our UK and Ireland voting records. We intend to report on our voting in other jurisdictions in due course.
Where we've lent out stock to third parties, we aim to recall it for all shareholder meetings at which we vote our clients' shares.
You'll see that our voting records show where we decided to vote against or abstain on a particular resolution. Where we haven't supported a board's recommendations, we've included a brief explanation. We make disclosures monthly, three months in arrears. Our latest monthly update covers votes to the end of November 2009.
We publish our voting records in this way to be open and accountable to our clients and to meet industry best-practice standards.
| Voting in UK and Ireland | Last month | Rolling total (since Jan 05) |
|---|---|---|
| Shareholder meetings at which our clients' shares were voted | 43 | 3699 |
| Number of resolutions voted | 180 | 29528 |
| Shareholder meetings at which our clients' shares were voted in favour of all resolutions | 37 | 3404 |
| Shareholder meetings at which our clients' shares were voted against one or more resolution | 3 | 185 |
| Shareholder meetings at which our clients' shares abstained on one or more resolution | 3 | 351 |
