That may well be the case or they see an opportunity for short term value or they could well be working with other shareholders past an present, found the following...
At Renaissance, we believe we have the ability to influence companies to improve their management of environmental, social and governance (ESG) issues. We strongly believe that it is in the long term interest of shareholders for companies to adopt a strong and robust corporate governance framework and that this can be an important driver of investment value.Renaissance actively encourages high standards of corporate governance for companies and trusts within our investment universe. The exercising of voting rights is an important tool that we use to influence companies to operate in the interest of investors (rather than in the interests of company management) and we will frequently commit resources to ensure this is the case. When exercising our voting rights we will always cast votes in the best interests of our clients.
SYA Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
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