Glass Lewis, ISS and PIRC, a trio of proxy voting advisers, have beneficial that shareholders vote down the requisitioned resolutions on the Baillie Gifford US Progress belief’s (USA) normal assembly on 3 February, whereas ISS additionally made the identical case for shareholders of Keystone Constructive Change (KPC) forward of its normal assembly on the identical day.
ISS’ choice to throw its weight behind KPC means it joins Glass Lewis in its help for the belief chaired by Karen Brade.
Brade stated these votes of confidence from the proxy advisers demonstrates that “nobody is fooled by Saba’s plot for cont…