Special Report: Analysis of Mutual Funds Voting Pattern 2011-12

InGovern Research Services announces the release of its special report on Mutual Funds Voting Pattern 2011-12.

The InGovern analysis makes the following observations and comments:

  • There is only a marginal increase in FOR/AGAINST votes from last year.
  • Many funds fail to even attend meetings and have ABSTAINED as a policy.
  • Even among funds that voted, there is little alignment between the votes and the voting policy.
  • Some fund houses are getting the Vote Reporting itself incorrect and need to be educated on what is the correct way of reporting.
  • There is no way to verify that the Votes reported by the fund houses are correct.

The report can be downloaded from:  Mutual Funds Voting Pattern 2011-12