Just a point of interest: It was mentioned elsewhere that Tumelo is InvestEngine’s data vendor. We may know them as the supplier of our (sometimes unexpected ) ETF constituent data, but their big business is in pass-through voting – giving back to retail investors their share of voting rights in corporate AGM voting proportional to their indirect holdings through funds.
Tumelo is featured in the latest issue of Forbes Magazine. Here’s the forbes.com web article (and archive.ph snapshot). Worth a read if you are interested in the idea of investor activism and what Tumelo envisions pass-through voting can achieve.
InvestEngine has alluded to exciting plans for new offerings later in the year; wonder if pass-through voting is among them?