Across the global marketplace, institutional investors and shareholders are trying to capitalize on new trends to improve cross-jurisdictional activism. Amy Freedman, Chief Executive Officer of Kingsdale Advisors, has insight on which global trends will benefit shareholders and investors alike in the global marketplace.
“Independent thinking on the part of the world’s largest investors coupled with the recognition and willingness to use their votes to send a message and effect change [in the global marketplace],” says Freedman. “More institutional investors are enhancing their focus and resources to make increasingly informed voting decisions.”
At Kingsdale Advisors, Freedman is responsible for providing service and strategic advice to public company boards and management in an effort to enhance the value for their shareholders.
In order to do that, shareholders and institutional investors must go above and beyond their initial contacts with proxy advisory services.
“In our discussion with significant institutional investors, they are all very adamant that while they may subscribe to the proxy advisory services of Institutional Shareholder Services and Glass Lewis, this is only one input for a voting decision,” explains Freedman.
She continues, “The willingness of investors to have a more enhanced discussion with management teams and dissidents and perform more detailed analysis means that the detailed work activists do is really being considered.”
As each discussion becomes more enhanced between management teams and dissidents, the quality of responses amongst both sides increases as well.