Incentive schemes in Sweden are often too short-term focused, Allianz GI notes

The active investment house rejected 31 percent of remuneration-related proposals at shareholder meetings in Sweden over the course of 2018.
Eugenia Unanyants-Jackson is Head of ESG Research at Allianz Global Investors, which she joined in 2016. | Photo: PR
Eugenia Unanyants-Jackson is Head of ESG Research at Allianz Global Investors, which she joined in 2016. | Photo: PR

German-based Allianz Global Investors participated in 8,535 shareholder meetings over the course of 2018 globally. This is an increase from 7,961 in 2017.

The active investment firm voted against, withheld or abstained from at least one agenda item at 75 percent of all meetings, and opposed 25 percent of all resolutions.

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