As custodians of our clients’ investments, we consider our responsibilities in exercising proxy voting rights to be a crucial aspect of fulfilling our fiduciary duty to maximise shareholder value over the long term.


We select subsets of the funds’ holdings that we believe warrant voting, called the ‘target voting list’. We apply a filter to capture the stocks where we have significant holdings, or where the ESG credentials are poor (relative to our portfolio).

The target list consists of approximately 200 companies. These names make up 68% of the value of the Global Sustainable Value Fund and 70% of the Global Sustainable Focused Value Fund.


GSI has approved specific proxy voting guidelines regarding various common proxy proposals which determine whether a specific agenda item should be voted “For”, or “Against”, or should be considered on a case-by-case basis. The process is applied across all equity portfolios without distinction.

Read our voting guidelines



Half-yearly records are available for our proxy votes per company.

H1 2022

We commenced voting in April 2022. During the period from April to June 2022, we voted at 139 Company Meetings and 2142 Resolutions. We voted at all meetings available during this period.

Read H1 2022


H2 2022

During the period July 2022 – December 2023, we voted at 15 Company Meetings for 279 Resolutions.  We voted at all meetings available during this period.

Read H2 2022