Institutional Shareholder Services Supports BlackRock Board Nominees at BNY and MPA

Tuesday, 11 June 2024, 02:00

In a significant move, Institutional Shareholder Services (ISS) is urging shareholders to vote in favor of all BlackRock board nominees at BNY and MPA, while opposing Saba's proposals to remove BlackRock as the investment adviser of BFZ and B. This recommendation underscores ISS's confidence in BlackRock's current board members and strategy. Shareholders are encouraged to support continuity and stability within BlackRock amid potential challenges posed by Saba's agenda.
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Institutional Shareholder Services Supports BlackRock Board Nominees at BNY and MPA

Institutional Shareholder Services (ISS) Recommendation

ISS has advised shareholders to vote FOR all BlackRock Board nominees at BNY and MPA, asserting confidence in the company's existing leadership.

Saba's Proposals

Against Saba's recommendations to terminate BlackRock as the investment adviser of BFZ and B, ISS is advocating for the status quo.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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