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LGT Wealth Management becomes first European manager to utilise pass-through voting

LGT Wealth Management, which runs approximately £30.4bn in assets, has become the first wealth manager in Europe to adopt pass-through voting. According to LGT, this represents a “groundbreaking step” toward reflecting client views on stewardship within a range of passive pooled-fund investments in client portfolios while allowing its voting policy to cover an increasing share of portfolios, as the firm…

LGT Wealth Management becomes first European manager to utilise pass-through voting

LGT Wealth Management, which runs approximately £30.4bn in assets, has become the first wealth manager in Europe to adopt pass-through voting. According to LGT, this represents a “groundbreaking step” toward reflecting client views on stewardship within a range of passive pooled-fund investments in client portfolios while allowing its voting policy to cover an increasing share of portfolios, as the firm…