Reports
Proxy Voting Records
The exercise of rights and responsibilities through informed voting is fundamental to Jupiter’s active management and active ownership approach. Proxy voting is a representation of our clients’ interests and underpins accountability, trust and the alignment of interests between asset owners and beneficiaries. Consequently, we have adopted an investment-led approach where voting plays an important role in effective stewardship, the promotion of good governance and efforts to maximise investor value. We are part of a complex financial ecosystem, and our responsibilities include contributing to well-functioning financial markets. Voting outcomes also provide clients and wider stakeholders with an informed view of our position on real-world issues.
For our systematic investment strategies, the high volume of trading activity and varying hold periods are factors that influence our proxy voting approach. For Systematic strategies we seek to prioritise proxy votes related to key themes and material issues that are aligned with our broader stewardship activities. For example, cross holdings that appear in both systematic and fundamental portfolios are subject to our standard proxy voting process whereby each ballot is assessed under its own merits and referenced against this policy. This means that such holdings are voted in line with the same principles and governance considerations applied to our fundamental investments. Holdings that solely feature as part of the systematic portfolios will be voted in line with third party recommendations. This approach best serves our clients as it ensures voting rights are used in a timely and pragmatic manner and provides confidence that voting outcomes incorporate global best practice while capturing regional variations.
We use third-party research and voting recommendations as a resource to support our proxy voting process, but it is only one component of our overall decision-making framework. While third-party research provides valuable insights, including objective viewpoints and expert analysis, it serves primarily as a reference tool to complement our internal analysis. We incorporate this research to help identify potential issues, capture changes in regional practices and governance legislation, and assess shareholder proposals efficiently. Our voting decisions are based on a thorough evaluation of each proposal in line with our stewardship principles, internal research, and engagement priorities. We do not automatically follow third-party recommendations; instead, we use them as an input to inform, but not dictate, our voting approach. This ensures that our proxy voting decisions are aligned with our commitment to active ownership and reflect a comprehensive assessment of each company's unique circumstances.
Our voting records can be found on our Voting Portal.