Tumelo is pleased to support Vanguard on its newly announced UK Investor Choice Pilot, providing the voting technology that enables professional investors in the UK to direct shareholder voting decisions in select Vanguard UK index equity funds.
During the pilot, investors can choose from four proxy voting policies: the Company Board-Aligned Policy, Egan-Jones Wealth-Focused Policy, Glass Lewis ESG Policy, and Vanguard’s own Fund Manager Policy. These policies will determine how investors’ proportionate share of the participating funds is voted on important shareholder matters.
Tumelo’s ProxySphere technology provides the infrastructure that enables eligible investors to participate in the proxy-voting process, supporting Vanguard’s aim of giving investors greater input into stewardship decisions. As Jon Cleborne, head of Europe at Vanguard, noted at the launch of the pilot:
“This is about giving UK investors the chance to have more of a voice. Many clients have expressed the desire to have more of a say on shareholder votes and the pilot reflects our commitment to meeting our clients’ needs.”
Georgia Stewart, CEO of Tumelo, added:
“As stewardship continues to evolve, investor choice in proxy voting is becoming increasingly important. We’re excited to be supporting Vanguard to deliver that choice in an innovative, secure and scalable way.”
The pilot is open to UK-based professional intermediaries with discretionary voting authority and the operational capability to participate. Eligible clients will be able to sign up from 13 January 2026.
The funds participating in the pilot are:
• Vanguard ESG Screened Developed World All Cap Equity Index Fund (UK)
• Vanguard FTSE Global All Cap Index Fund
• Vanguard FTSE U.K. All Share Index Unit Trust
• Vanguard U.S. Equity Index Fund
Vanguard will contact eligible clients directly to discuss requirements for participation. Clients who are interested in taking part should contact their sales representative or UK_Client_Services@vanguard.co.uk