Published by Ignites. By Peter Ortiz August 24, 2015 In an ongoing battle to rid anti-genocide shareholder proposals from its proxy ballots, Fidelity has successfully knocked the question off of votes for three funds that collectively represent $23 billion in assets. Last week, the Securities and Exchange Commission said Fidelity could exclude […]
Tag Archives: Ignites
J.P. Morgan Suffers Another Anti-Genocide Loss
Published by Ignites. By Peter Ortiz April 21, 2014 J.P. Morgan suffered another defeat against anti-genocide advocates who successfully targeted a money market fund. This followed the protest group’s first victory against the asset manager in 2011. J.P. Morgan had requested that it avoid SEC enforcement action if it excluded a […]
Franklin Can’t Keep Anti-Genocide Prop Off Ballot
Published by Ignites. January 10, 2014 The Securities and Exchange Commission has denied Franklin Resources’ request to skip a shareholder vote on divesting from shares of companies linked to genocide, Reuters reports. The proxy proposal, which calls on Franklin’s board to adopt procedures for screening out such companies, involves a […]
Fidelity Whittles Funds Facing Anti-Genocide Vote
Published by Ignites. By Beagan Wilcox Volz April 2, 2013 Fidelity faces an anti-genocide shareholder proposal on six of its mutual funds at a May 14 shareholder meeting. But the firm will omit the proposal for two other funds because the individuals who submitted the item in 2009 and 2010 no longer hold […]
Franklin Shareholders Reject Anti-Genocide Push
Published by Ignites. By Joe Morris March 14, 2013 Franklin Resources shareholders have voted down a shareholder proposal to bar most investments in companies involved in genocide. A company spokesman said the vote failed to garner a majority, but Franklin will not disclose the tally until it makes a regulatory filing on the […]
Anti-Genocide Group Targets Franklin
Published by Ignites. By Peter Ortiz January 28, 2013 An investment advocate group is targeting 13 Franklin Templeton funds and parent Franklin Resources, claiming that of all fund firms, it owns the most shares of a Chinese oil company tied to genocide in Sudan. The firm is the latest fund manager […]
ING Fund Approves Anti-Genocide Plank
Published by Ignites. By Joe Morris July 2, 2012 Shareholders in an ING fund have approved a measure opposing genocide-linked investments in what backers say is the first such vote in which company officials took a neutral position. The decision at ING’s Emerging Countries reflects the unskewed sampling of investor sentiment […]
ING Loses Fight to Exclude Anti-Genocide Proposal
Published by Ignites. By Peter Ortiz May 17, 2012 ING Funds has lost its fight to exclude a shareholder proposal for a stricter anti-genocide policy from its proxy. The SEC in early May rejected the firm’s pleas that the agency forgo enforcement action if ING omitted the proposal. ING sought assurance […]
