Voting and Engagement Overlay Services
GES offers a fully automated proxy voting service and engagement services that focus on corporate governance across clients’ active and passive portfolios. GES Corporate governance & proxy voting is a tailored outsourcing service of the voting process where GES works as an extension to the investor’s internal team. This includes support in the design of the process and annual or regular updates of markets developments. os.
In addition, reporting is a key part of the proxy voting service offering as it permits clients to see that their voting policy is being applied appropriately and consistently and to consider the impact of their voting choices on portfolio companies. Reports on voting behaviour can be be delivered on a quarterly, half-yearly or annual basis, in line with the requirements of our clients. Our methodology and process leading up to proxy voting recommendations is illustrated in the diagram below.
Proxy voting process
Other services that we offer in relation to proxy voting include:
- Voting policy development: GES can develop a bespoke voting policy for clients. GES will consult with the client at each stage of preparing the policy and ground it in their responsible investment philosophy.
- Independent fiduciary service: In addition to more traditional voting services, GES helps investment managers to exercise voting rights in conflict of interest situations
- Compliance with UK Stewardship Code: We can help investors with their reporting obligations under the UK Stewardship Code.
GES does not offer a service to issuers and is conflict free.
GES provides clients with a value-enhancing engagement overlay service focusing on corporate governance. GES reviews clients’ portfolios to identify key areas of risk and opportunities for engagement. We then identify companies for basic and more intensive engagement. GES sets engagement objectives and formulates an “action plan” for each engagement. We target companies for engagement based on a number of criteria, including voting-related issues, event-driven concerns and portfolio characteristics, and focus on materiality when evaluating companies and their risks.
For more details contact our office closest to your location. Go to Contacts.