From 1 January 2011 Jupiter will, in compliance with the UK Stewardship Code (Principle 6), provide monthly reports showing the instructions given for voting at UK company meetings. Typically there will be a two month delay in the reporting of this activity so that the first such report will be made available in April 2011.
To find details of voting instructions given for a particular meeting, click on the appropriate monthly report link below, e.g. January (company meetings are listed in chronological order). If the date of the meeting is not known, use the "Control F" search function to find the company name in the report.
The monthly reports represent the majority view taken by Jupiter on behalf of the institutional funds, private clients and charity accounts we manage. This is primarily because Jupiter's clients have varying voting mandates and there may be occasions when we submit different voting instructions for the same meeting.
Jupiter appoints a third party agency to transmit its proxy voting instructions. The voting process is reliant on various parties such as custodians and sub-custodians. The information set out in the monthly reports details the instructions submitted to our proxy voting agency.
Glossary
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MRec |
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Management recommendation |
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Proposal Type |
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Agenda items at general meetings are proposed by either management of the company (Mgmt) or by a Shareholder (S/holder) |
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Vote Type |
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For, Against, Abstain, Withheld or Non Voting. |
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Abstain |
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is where Jupiter does not consider either a For or an Against vote is appropriate. |
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Non Voting |
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is where the agenda item is not being put to a shareholder vote. |
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There will be occasions when Management will not make any voting recommendations and, in such events, None will appear under MRec (Management recommendation). |
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