The voting record of institutional investors looking after pension fund assets is improving. The Newbold inquiry into voting discovered in the past year that, on average, almost 50% of the issued shares in big UK companies were regularly voted.
Newbold identified serious operational problems with postal voting by institutions because of the number of parties involved, including -Â as well as the company and registrar -Â custodians, investment managers and, quite often, boards of trustees.
