State Street launches digital proxy voting service in UK & Ireland through Proxymity
Global custodian follows rivals BNY Mellon and Citi in adopting Proxymity services this month.
Global custodian follows rivals BNY Mellon and Citi in adopting Proxymity services this month.
A combination of investor demographics, financial crises and regulatory reporting requirements has been driving it up the agenda of the entire transaction chain.
The custodian will initially go live with the service in Belgium and France for the 2023 voting season.
The launch builds on the existing relationship between the two firms, which has seen similar initiatives in Europe and APAC.
Beneficial investors in Australian and New Zealand companies have just five to seven days to respond to shareholder meeting notifications, new research shows.
The milestone for the start-up spun out of Citi comes ahead of the 2023 UK voting season.
Pilot programmes to explore practicalities of gathering input from investors in pooled funds.