Newton Investment Management – Shareholder resolutions: Defining Newton’s approach

The rise of global shareholder resolutions in recent years can be partly explained by the right to file a shareholder resolution becoming a more common escalation tool for investors.

Newton believes shareholder resolutions deserve a case-by-case approach and careful consideration as to the context of the company; our view is that a manager’s shareholder proposal voting record is not always a great proxy for effective stewardship.