Tumelo's partnership with SSGA featured in Ignites Europe
The article outlines how State Street Global Advisors has taken the lead as the first asset manager to offer pass-through voting to European retail investors. The initiative, piloting in the $8.8 billion SPDR MSCI World Ucits ETF, empowers individual investors to choose from a range of proxy-voting policies, enabling them to influence how their shares are voted at company meetings. The article notes the programme is facilitated by a partnership with Tumelo.
Tumelo's CEO, Georgia Stewart, is quoted saying: "We are convinced that customisation in all its forms will become table stakes for fund managers, so we are excited to be powering the powering the first customised voting on a European ETF, bringing more choice to all investors: pension funds, wealth managers, endowments and retail."