03.4.
Additional information
[OPTIONAL]
We are currently in the process of defining a proxy voting and engagement project to roll out in 2020, due to the scale of our portfolio and the number of external managers / systems in use this is an extensive project
This will enable us to have visibility of votes across managers and across separate issues. Once this is in place we can have more effective conversations with managers around their investment decision making and active ownership.
Once the demerger from the CBA group is completed there will no longer be an impediment to us voting across our portfolios, should we choose to take this responsibility from our managers. It is envisaged that we would utilise an external provider to do this on our behalf.