1. Neuberger Berman to Disclose Proxy Votes for 60-Plus Companies Ahead of Time

    Neuberger Berman to Disclose Proxy Votes for 60-Plus Companies Ahead of Time

    Investment manager Neuberger Berman will disclose ahead of time how it will vote its proxies for 60 or so companies before they hold their annual meetings. The move marks the second year that Neuberger is preannouncing its votes, both for and against corporate management, and explaining its voting rationale...

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    1. It's important particularly as an active manager with meaningful positions in smaller companies that we partner with management for longer-term returns.
    2. What actions did boards take last year [during the pandemic] and was it appropriate? The same type of votes now come with that important lens that wasn't there a year ago.
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