ISS helps ensure each agenda item is evaluated according to the client’s policy guidelines to provide a vote recommendation and then helps ensure the ballot shares are counted by the corporate issuer. Throughout this process, Analysts and Associates review the ballot handling and vote recommendations to help ensure the accuracy of the ballot reporting and the shares are being voted in line with the appropriate policy. FI reserves the right to override ISS provided recommendations.
There may be issues that might cause us to deviate from our standard voting policies. Our proxy voting process includes analysis and review of every proxy in order to determine how to vote an issue, including voting against our policies, on a case by case basis. The Investment Policy Committee (IPC) reserves the right to direct a vote against any of these policies in its discretion.