Quarterly Commentary
At Investec Asset Management we have always shared with clients our approach to many of the traditional engagement, governance and voting challenges that we face in the execution of our responsibilities as asset managers.
Quarter Four - 2012
Quarter Four - Institutional Quarterly Review 2012
During the period there were 112 meetings1 across 17 markets. This represented 1 468 resolutions. We opposed 190 of these and abstained on 19 resolutions. During the quarter, we submitted an oppose, abstain or withheld vote at 70.5% of the meetings (79 out of 112).
Quarter Three - 2012
Quarter Three - Institutional Quarterly Review 2012
During this period, there were 79 meetings across 17 markets. This represented 975 resolutions. We opposed 51 of these and abstained from voting on 49 resolutions.
The second quarter is traditionally a busy season. The team
attended to vote at 108 annual general meetings (AGMs),
special general meetings (SMs) and general meetings (GMs)
across our Africa portfolios, including 53 in South Africa.Quarter Two - 2012
Quarter Two - Institutional Quarterly Review 2012
The second quarter is dominated by the ‘busy season’ for proxy voting. During this time, governance teams face the highest number of meetings. This, coupled with increasing demand for involvement by companies, makes it an intense period.
The second quarter is traditionally a busy season. The team
attended to vote at 108 annual general meetings (AGMs),
special general meetings (SMs) and general meetings (GMs)
across our Africa portfolios, including 53 in South Africa.Quarter One - 2012
Quarter One - Institutional Quarterly Review 2012
During the first quarter there were 169 company meetings that required voting. This represented 32 markets and 1607 resolutions in total. We supported 1259 of these resolutions, opposed 70, and abstained from voting on 7 resolutions.The second quarter is traditionally a busy season. The team
attended to vote at 108 annual general meetings (AGMs),
special general meetings (SMs) and general meetings (GMs)
across our Africa portfolios, including 53 in South Africa.Quarter Four - 2011
Quarter Four - Institutional Quarterly Review 2011
Out of the 1396 annual general meetings (AGMs) at which we voted over the quarter, we opposed 8.4% of the resolutions and voted in favour of 89.5% of resolutions.The second quarter is traditionally a busy season. The team
attended to vote at 108 annual general meetings (AGMs),
special general meetings (SMs) and general meetings (GMs)
across our Africa portfolios, including 53 in South Africa.Quarter Three - 2011
Quarter Three - Institutional Quarterly Review 2011
Over the quarter, we voted at 763 annual general meetings(AGMs). As the peak period for voting in South Africa extends from late October to early December, we looked at what the key issues would be for this period.The second quarter is traditionally a busy season. The team
attended to vote at 108 annual general meetings (AGMs),
special general meetings (SMs) and general meetings (GMs)
across our Africa portfolios, including 53 in South Africa.Quarter Two - 2011
Quarter Two - Institutional Quarterly Review 2011
The second quarter is traditionally a busy season. The team attended to vote at 108 annual general meetings (AGMs),special general meetings (SMs) and general meetings (GMs) across our Africa portfolios, including 53 in South Africa.The second quarter is traditionally a busy season. The team
attended to vote at 108 annual general meetings (AGMs),
special general meetings (SMs) and general meetings (GMs)
across our Africa portfolios, including 53 in South Africa.Quarter One - 2011
Quarter One - Institutional Quarterly Review 2011
The first quarter is traditionally quiet, with the team attending to votes at 56 annual general meetings (AGMs), special general meetings (SMs) and general meetings (GMs) across our South Africa, Africa and Middle East portfolios, including 49 in South Africa, three meetings for the same company in Israel, and one in Ghana.
