Tumelo's partnership with SSGA featured in Ignites Europe

Insight and Press blog post featured image

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."

 Read the full FT Ignites article here.