{"id":64628,"date":"2026-03-04T07:02:48","date_gmt":"2026-03-04T12:02:48","guid":{"rendered":"https:\/\/allianceadvisors.com\/ftse-100-dax-90-top-investor-voting-vs-proxy-advisory-analysis\/"},"modified":"2026-03-09T11:08:32","modified_gmt":"2026-03-09T15:08:32","slug":"ftse-100-dax-90-top-investor-voting-vs-proxy-advisory-analysis","status":"publish","type":"post","link":"https:\/\/allianceadvisors.com\/fr\/ftse-100-dax-90-top-investor-voting-vs-proxy-advisory-analysis\/","title":{"rendered":"FTSE 100 &#038; DAX 90: Top Investor Voting vs. Proxy Advisory Analysis"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_row css_animation=\u00a0\u00bbfadeIn\u00a0\u00bb content_placement=\u00a0\u00bbbottom\u00a0\u00bb column_spacing=\u00a0\u00bb0px\u00a0\u00bb wpex_bg_image_source=\u00a0\u00bbfeatured\u00a0\u00bb css=\u00a0\u00bb.vc_custom_1740765101116{background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}\u00a0\u00bb min_height=\u00a0\u00bb450px\u00a0\u00bb][vc_column wpex_bg_image_source=\u00a0\u00bbfeatured\u00a0\u00bb css=\u00a0\u00bb.vc_custom_1738695614909{background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}\u00a0\u00bb wpex_bg_position=\u00a0\u00bbcenter center\u00a0\u00bb]<div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:300px;\"><\/div><style>.vcex-heading.vcex_69d634de94aec{width:600px;color:var(--wpex-accent);font-size:var(--wpex-text-6xl);font-weight:600;line-height:var(--wpex-leading-tight);}@media (max-width:479px){.vcex-heading.vcex_69d634de94aec{font-size:30px;}}<\/style><h1 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-max-w-100 wpex-mr-auto vc_custom_1740760034678 vcex_69d634de94aec\"><span class=\"vcex-heading-inner wpex-inline-block\">FTSE 100 &#038; DAX 90: Top Investor Voting vs. Proxy Advisory Analysis<\/span><\/h1><style>.vcex-heading.vcex_69d634de96d85{width:600px;color:var(--wpex-accent);font-size:var(--wpex-text-lg);font-weight:600;line-height:var(--wpex-leading-tight);}@media (max-width:479px){.vcex-heading.vcex_69d634de96d85{font-size:16px;}}<\/style><h3 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-max-w-100 wpex-mr-auto vc_custom_1740761328938 vcex_69d634de96d85\"><a href=\"https:\/\/allianceadvisors.com\/ja\/staff-member\/sandro-barbato\/\" class=\"wpex-no-underline wpex-inherit-color-important\" target=\"_self\"><span class=\"vcex-heading-inner wpex-inline-block\"><span class=\"vcex-heading-icon vcex-heading-icon-left vcex-icon-wrap wpex-mr-5\">By<\/span>Sandro Barbato<\/span><\/a><\/h3><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:50px;\"><\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=\u00a0\u00bb\u00a0\u00bb]\n<h3>Introduction<\/h3>\n<p>This cross-market comparison has been developed focusing on the United Kingdom and Germany, arguably two of the most sophisticated capital markets in Europe. Distinctions in specific voting guidelines and corporate governance expectations between these jurisdictions are not viewed as compromising the validity of this high-level statistical comparison.<\/p>\n<p>To facilitate a robust dataset for meaningful analysis, the FTSE 100 was utilized for the United Kingdom, while a synthetic \u00ab\u00a0DAX 90\u201c -comprising an aggregation of the DAX 40 and MDAX 50- was established to provide a comparable German peer group.<\/p>\n<p>Therefore, we examined the voting activity of 15 top-tier global investors across 85 FTSE 100 and 82 DAX 90 constituents throughout 2025, with a total volume of 24,535 and 19,414 recorded investor votes, respectively. It is considered a substantial basis for evaluating voting behaviour against Institutional Shareholder Services (\u201cISS\u201d) and Glass Lewis (\u201cGL\u201d) recommendations, the two preeminent global proxy advisory firms.<\/p>\n<h3>Key Findings<\/h3>\n<ul>\n<li>Within the FTSE 100 and DAX 90 indices, alignment with positive ISS recommendations appears consistently high. In the FTSE 100, twelve investors exhibit an alignment of 99% or greater, whereas ten investors attain this threshold within the DAX 90. The remaining institutional investors nevertheless maintain substantial alignment rates, ranging between 91.7% and 98.7%.<\/li>\n<li>The negative ISS recommendations reveal a starkly different landscape. The peak alignment in the FTSE 100 reaches 96%, and 88.3% in the DAX 90. Furthermore, alignment rates fluctuate significantly, descending to as low as 19.1% in the FTSE 100 and 14.2% in the DAX 90.<\/li>\n<li>Regarding positive GL recommendations, the degree of alignment across both the FTSE 100 and the DAX 90 tends to be lower. While ten investors in the FTSE 100 maintain an alignment of 99% or greater, only three investors reach this level within the DAX 90.<\/li>\n<li>Concluding with negative GL recommendations, the highest alignment within the FTSE 100 stands at 72.2%, with a notable decrease to a floor of 17.7%. In contrast, the DAX 90 exhibits a higher peak alignment of 86.3%, while the minimum alignment observed is 29%.<\/li>\n<\/ul>\n<h3>Deconstructing the \u00ab\u00a0Blind Following\u00a0\u00bb Narrative<\/h3>\n<p>The high degree of alignment with positive proxy advisory recommendations suggests that proxy advisory mirrors an established consensus on core corporate governance topics.<\/p>\n<p>In contrast, the lower alignment with negative recommendations indicates that investors\u2019 internal voting guidelines are less rigid and thus frequently support agenda items even when ISS and\/or Glass Lewis recommend against them. This highlights a distinct misalignment between the standardized recommendations of proxy advisors and the independent stewardship policies of individual institutional investors.<\/p>\n<h3>The (Secret) \u00ab\u00a0Decision-Maker\u00a0\u00bb Narrative<\/h3>\n<p>The discourse surrounding proxy advisory firms frequently invokes the narrative of a \u00ab\u00a0secret decision-maker,\u00a0\u00bb a theme that remains a staple of both professional discussions and media coverage.<\/p>\n<p>While it cannot be entirely discounted that certain individual AGMs, if viewed in isolation, might suggest that proxy advice served as the primary catalyst for a voting outcome, our empirical data appears to challenge this assumption.<\/p>\n<h3>From Ex-Post Observation to Ex-Ante Strategy<\/h3>\n<p>ISS and Glass Lewis recommendations are strong statistical indicators, but their review is essentially passive and retrospective.<\/p>\n<p>While our clients already benefit from a proprietary database granular enough to track &amp; analyse specific agenda item types, achieving success at an AGM requires moving beyond reactive damage control. By shifting the focus to a proactive analysis of individual investor guidelines, companies can bridge the \u2018governance gap\u2019 long before a proxy advisory analysis is even published.<\/p>\n<p>Ultimately, a positive outcome is determined by aligning corporate decisions and the meeting agenda with investors\u2019 expectations well in advance of the shareholder meeting.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]<style>.vcex-heading.vcex_69d634de98c4a{width:100%;color:var(--wpex-palette-62329-color);font-weight:600;background-color:var(--wpex-accent-alt);}<\/style><h2 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-40 wpex-max-w-100 wpex-mr-auto vc_custom_1772628244193 vcex_69d634de98c4a\"><span class=\"vcex-heading-inner wpex-inline-block\">Alignments &amp; Divergences with ISS &amp; Glass Lewis<\/span><\/h2>[vc_column_text css=\u00a0\u00bb\u00a0\u00bb]\n<h3>Statistics: FTSE 100 &amp; DAX 90 vs. ISS &amp; Glass Lewis<\/h3>\n<p><strong>Comparison of the Peers: FTSE 100 &amp; DAX 90<\/strong><\/p>\n<p>The following dataset details the voting activity of the fifteen selected institutional investors alongside their disclosed utilization of ISS and\/or Glass Lewis (\u201cGL\u201d) advisory services. This data serves as the empirical foundation for the subsequent analysis of alignment or divergence with the proxy advisory recommendations.<\/p>\n<ul>\n<li><strong>Sample Size and Investor Profile:<\/strong> The dataset encompasses the aggregate number of agenda items voted upon by each constituent investor across both indices. For instance, Amundi recorded votes on 1,798 items within the FTSE 100 and 1,570 within the DAX 90. It appears that investors utilizing index-tracking strategies naturally exhibit a higher volume of voted agenda items. Conversely, more concentrated or selective investors, characterized by a narrower scope of investee companies, demonstrate a correspondingly lower number of voted items.<\/li>\n<li><strong>Weighting and Distribution:<\/strong> Within this peer group, the total volume of votes amounts to 43,949. The FTSE 100 accounts for 24,535 of these votes (55.8%), while the DAX 90 represents 19,414 (44.2%).<\/li>\n<li><strong>Market Variance:<\/strong> The higher volume observed within the FTSE 100 appears to be driven by a greater aggregate number of votable agenda items per company in the UK market, rather than being a result of investor selection. As delineated in the \u201cMethodology &amp; Database\u201d section, the analysis encompasses 85 of the FTSE 100 and 82 of the DAX 90 companies, reflecting a balanced corporate peer group despite the variance in absolute vote counts.<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row remove_bottom_col_margin=\u00a0\u00bbtrue\u00a0\u00bb][vc_column]<style>.vcex-heading.vcex_69d634de9af28{font-size:var(--wpex-text-lg);font-weight:600;}<\/style><div class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-25 vcex_69d634de9af28\"><span class=\"vcex-heading-inner wpex-inline-block\">Comparison of Peers: FTSE 100 &amp; DAX 90<\/span><\/div><figure class=\"vcex-image vcex-module\"><div class=\"vcex-image-inner wpex-relative wpex-inline-block\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2-1200x511.png\" class=\"wpex-lightbox\" target=\"_blank\" rel=\"noopener\"><img width=\"2000\" height=\"852\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2.png\" class=\"vcex-image-img wpex-align-middle skip-lazy\" alt=\"\" data-no-lazy=\"1\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2.png 2000w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2-300x128.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2-1024x436.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2-768x327.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2-1536x654.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2-1200x511.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2.png?w=400 400w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2.png?w=1600 1600w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2.png?w=450 450w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Comparison-of-Peers-FTSE-100-DAX-90-2.png?w=1920 1920w\" sizes=\"(max-width: 980px) 100vw, 980px\" \/><\/a><\/div><\/figure>[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=\u00a0\u00bb\u00a0\u00bb]\n<h3>ISS Recommendations Alignment: FTSE 100 &amp; DAX 90<\/h3>\n<p>Further illustrations can be found on the <a class=\"local-scroll-link\" href=\"#heatmaps\">heatmaps<\/a> and <a class=\"local-scroll-link\" href=\"#barcharts\">bar charts<\/a> below.<\/p>\n<p><span class=\"has-palette-63603-color\"><strong>ISS + = Voting +<\/strong><\/span><\/p>\n<p>This dataset shows the percentage of \u00ab\u00a0For\u00a0\u00bb votes cast for agenda items that received a positive ISS recommendation. Any deviation from 100% occurs when an investor votes against an item despite a supportive ISS recommendation.<\/p>\n<ul>\n<li><strong>High Alignment:<\/strong> Alignment with \u00ab\u00a0For\u00a0\u00bb recommendations remains exceptionally high across both markets; indeed, the degree of alignment exceeds 99% in twelve instances within the FTSE 100 and in ten cases within the DAX 90.<br \/>\nMarket Comparison: The unweighted average alignment for positive recommendations is slightly higher in the DAX 90 (~98.8%) than in the FTSE 100 (~98.1%).<\/li>\n<li><strong>Regional Trend:<\/strong> In 11 out of 15 cases, investors show higher alignment with ISS \u00ab\u00a0For\u00a0\u00bb recommendations in the DAX 90 compared to the FTSE 100.<\/li>\n<\/ul>\n<p><span class=\"has-palette-63603-color\"><strong>ISS &#8211; = Voting \u2013<\/strong><\/span><\/p>\n<p>This dataset shows the percentage of \u201cAgainst\u00a0\u00bb votes cast for agenda items that received a negative ISS recommendation. Any deviation from 100% occurs when an investor votes for an item despite a negative ISS recommendation.<\/p>\n<ul>\n<li><strong>Low Alignment:<\/strong> Alignment with \u00ab\u00a0Against\u00a0\u00bb recommendations remains low across both markets.<br \/>\nMarket Comparison: In contrast to the consensus observed regarding positive recommendations, the unweighted average alignment for negative recommendations decreases substantially to approximately 41.5% in the FTSE 100 and 51.5% in the DAX 90. Furthermore, individual alignment levels exhibit significant volatility, descending to a floor of 19.1% within the FTSE 100 and 14.2% within the DAX 90.<\/li>\n<li><strong>Regional Trend:<\/strong> In 10 out of 15 cases, investors demonstrate a relatively stricter adherence to ISS \u00ab\u00a0Against\u00a0\u00bb recommendations in the German market than in the UK.<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]<style>.vcex-heading.vcex_69d634de9e414{font-size:var(--wpex-text-lg);font-weight:600;}<\/style><div class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-25 vcex_69d634de9e414\"><span class=\"vcex-heading-inner wpex-inline-block\">ISS Recommendations Alignment: FTSE 100 &amp; DAX 90<\/span><\/div><figure class=\"vcex-image vcex-module\"><div class=\"vcex-image-inner wpex-relative wpex-inline-block\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90-1200x484.png\" class=\"wpex-lightbox\" data-title=\"ISS Recommendations Alignment: FTSE 100 &amp; DAX 90\" target=\"_blank\" rel=\"noopener\"><img width=\"2000\" height=\"806\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90.png\" class=\"vcex-image-img wpex-align-middle skip-lazy\" alt=\"\" data-no-lazy=\"1\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90.png 2000w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90-300x121.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90-1024x413.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90-768x310.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90-1536x619.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90-1200x484.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90.png?w=400 400w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90.png?w=1600 1600w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90.png?w=450 450w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/ISS-Recommendations-Alignment-FTSE-100-DAX-90.png?w=1920 1920w\" sizes=\"(max-width: 980px) 100vw, 980px\" \/><\/a><\/div><\/figure>[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=\u00a0\u00bb\u00a0\u00bb]\n<h3>Glass Lewis (\u201cGL\u201d) Recommendations Alignment: FTSE 100 &amp; DAX 90<\/h3>\n<p>Further illustrations can be found on the <a class=\"local-scroll-link\" href=\"#heatmaps\">heatmaps<\/a> and <a class=\"local-scroll-link\" href=\"#barcharts\">bar charts<\/a> below.<\/p>\n<p><span class=\"has-palette-63603-color\"><strong>GL + = Voting +<\/strong><\/span><\/p>\n<p>This dataset shows the percentage of \u00ab\u00a0For\u00a0\u00bb votes cast for agenda items that received a positive GL recommendation. Any deviation from 100% occurs when an investor votes against an item despite a supportive GL recommendation.<br \/>\nStrong Alignment : Similar to ISS, alignment with positive GL recommendations remains exceptionally high, with nearly all investors exceeding 90% across both markets.<\/p>\n<ul>\n<li><strong>Market Comparison:<\/strong> The unweighted average alignment for positive recommendations is slightly higher in the FTSE 100 (~98.3%) compared to the DAX 90 (~96.3%).<\/li>\n<li><strong>Regional Trend:<\/strong> 10 of 15 investors show a higher alignment with GL \u00ab\u00a0For\u00a0\u00bb recommendations in the FTSE 100 compared to the DAX 90.<\/li>\n<\/ul>\n<p><span class=\"has-palette-63603-color\"><strong>GL &#8211; = Voting \u2013<\/strong><\/span><\/p>\n<p>This dataset shows the percentage of \u201cAgainst\u00a0\u00bb votes cast for agenda items that received a negative GL recommendation. Any deviation from 100% occurs when an investor votes against an item despite a supportive GL recommendation.<\/p>\n<ul>\n<li><strong>Low Alignment:<\/strong> Alignment with \u00ab\u00a0Against\u00a0\u00bb recommendations is notably low across both markets.<\/li>\n<li><strong>Significant Drop in Alignment:<\/strong> Consistent with the ISS data, the unweighted average alignment for negative recommendations is much lower than for positive ones, at approximately 34.1% in the FTSE 100 and 52.2% in the DAX 90. Furthermore, individual alignment levels exhibit significant volatility, descending to a floor of 16.7% within the FTSE 100 and 29% within the DAX 90.<\/li>\n<li><strong>Regional Trend:<\/strong> 12 of 15 investors demonstrate a stricter adherence to GL \u00ab\u00a0Against\u00a0\u00bb recommendations in the German market than in the UK.<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=\u00a0\u00bb.vc_custom_1772707390291{padding-bottom: 50px !important;}\u00a0\u00bb][vc_column]<style>.vcex-heading.vcex_69d634dea0511{font-size:var(--wpex-text-lg);font-weight:600;}<\/style><div class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-25 vcex_69d634dea0511\"><span class=\"vcex-heading-inner wpex-inline-block\">GL Recommendations Alignment: FTSE 100 &amp; DAX 90<\/span><\/div><figure class=\"vcex-image vcex-module\"><div class=\"vcex-image-inner wpex-relative wpex-inline-block\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90-1200x485.png\" class=\"wpex-lightbox\" data-title=\"GL Recommendations Alignment: FTSE 100 &amp; DAX 90\" target=\"_blank\" rel=\"noopener\"><img width=\"2000\" height=\"808\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90.png\" class=\"vcex-image-img wpex-align-middle skip-lazy\" alt=\"\" data-no-lazy=\"1\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90.png 2000w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90-300x121.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90-1024x414.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90-768x310.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90-1536x621.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90-1200x485.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90.png?w=400 400w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90.png?w=1600 1600w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90.png?w=450 450w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/GL-Recommendations-Alignment-FTSE-100-DAX-90.png?w=1920 1920w\" sizes=\"(max-width: 980px) 100vw, 980px\" \/><\/a><\/div><\/figure>[\/vc_column][\/vc_row][vc_row local_scroll_id=\u00a0\u00bbheatmaps\u00a0\u00bb][vc_column]<style>.vcex-heading.vcex_69d634dea24a3{width:100%;color:var(--wpex-palette-62329-color);font-weight:600;background-color:var(--wpex-accent-alt);}<\/style><h2 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-40 wpex-max-w-100 wpex-mr-auto vc_custom_1772629993091 vcex_69d634dea24a3\"><span class=\"vcex-heading-inner wpex-inline-block\">Heatmaps: Alignments &amp; Divergences with ISS &amp; Glass Lewis<\/span><\/h2><style>.vcex-image-grid.vcex_69d634dea32cc{--wpex-row-gap:35px;}<\/style><div class=\"vcex-image-grid-wrap\"><div class=\"vcex-module vcex-image-grid grid-style-default wpex-row wpex-clr wpex-lightbox-group vcex_69d634dea32cc\"><div class=\"id-64515 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_1 nr-col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment-1200x471.png\" class=\"vcex-image-grid-entry-link wpex-lightbox-group-item\" data-title=\"Heatmap- FTSE 100 Alignment vs. DAX 90 Alignment\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment-980x385.png\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment.png 2000w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment-300x118.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment-1024x402.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment-768x301.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment-1536x603.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment-980x385.png 980w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment-1200x471.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment.png?w=400 400w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment.png?w=1600 1600w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-vs.-DAX-90-Alignment.png?w=450 450w\" width=\"980\" height=\"385\"><\/a><\/div><figcaption class=\"vcex-image-grid-entry-title wpex-mb-10 wpex-clr\"><h3 class=\"entry-title\">Heatmap- FTSE 100 Alignment vs. DAX 90 Alignment<\/h3><\/figcaption><\/figure><\/div><div class=\"id-64521 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_1 nr-col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment-1200x452.png\" class=\"vcex-image-grid-entry-link wpex-lightbox-group-item\" data-title=\"Heatmap- DAX 90 Alignment\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment-980x369.png\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment.png 2000w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment-300x113.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment-1024x386.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment-768x289.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment-1536x578.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment-980x369.png 980w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment-1200x452.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment.png?w=400 400w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment.png?w=1600 1600w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-DAX-90-Alignment.png?w=450 450w\" width=\"980\" height=\"369\"><\/a><\/div><figcaption class=\"vcex-image-grid-entry-title wpex-mb-10 wpex-clr\"><h3 class=\"entry-title\">Heatmap- DAX 90 Alignment<\/h3><\/figcaption><\/figure><\/div><div class=\"id-64527 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_1 nr-col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-1200x452.png\" class=\"vcex-image-grid-entry-link wpex-lightbox-group-item\" data-title=\"Heatmap- FTSE 100 Alignment\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-980x369.png\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment.png 2000w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-300x113.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-1024x386.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-768x289.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-1536x578.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-980x369.png 980w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment-1200x452.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment.png?w=400 400w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment.png?w=1600 1600w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Heatmap-FTSE-100-Alignment.png?w=450 450w\" width=\"980\" height=\"369\"><\/a><\/div><figcaption class=\"vcex-image-grid-entry-title wpex-mb-10 wpex-clr\"><h3 class=\"entry-title\">Heatmap- FTSE 100 Alignment<\/h3><\/figcaption><\/figure><\/div><\/div><\/div>[\/vc_column][\/vc_row][vc_row local_scroll_id=\u00a0\u00bbbarcharts\u00a0\u00bb][vc_column]<style>.vcex-heading.vcex_69d634dea9b5c{width:100%;color:var(--wpex-palette-62329-color);font-weight:600;background-color:var(--wpex-accent-alt);}<\/style><h2 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-max-w-100 wpex-mr-auto vc_custom_1772710315523 vcex_69d634dea9b5c\"><span class=\"vcex-heading-inner wpex-inline-block\">Bar Charts: Alignments &amp; Divergences with ISS &amp; Glass Lewis<\/span><\/h2>[\/vc_column][\/vc_row][vc_row remove_bottom_col_margin=\u00a0\u00bbtrue\u00a0\u00bb css=\u00a0\u00bb.vc_custom_1772710025118{padding-top: 30px !important;padding-right: 30px !important;padding-bottom: 30px !important;padding-left: 30px !important;}\u00a0\u00bb wpex_bg_color=\u00a0\u00bb#f1f1f1&Prime;][vc_column]<style>.vcex-heading.vcex_69d634deaa48c{font-size:var(--wpex-text-lg);font-weight:600;}<\/style><div class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-25 vcex_69d634deaa48c\"><span class=\"vcex-heading-inner wpex-inline-block\">Alignments &amp; Divergences with ISS-For<\/span><\/div><style>.vcex-image-grid.vcex_69d634deaad53 .entry-excerpt{font-size:var(--wpex-text-lg);font-weight:600;}.vcex-image-grid.vcex_69d634deaad53{--wpex-row-gap:35px;}<\/style><div class=\"vcex-image-grid-wrap\"><div class=\"vcex-module vcex-image-grid grid-style-default wpex-row wpex-clr wpex-lightbox-group vcex_69d634deaad53\" data-show_title=\"false\"><div class=\"id-64554 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_1 nr-col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For-1200x525.png\" class=\"vcex-image-grid-entry-link wpex-lightbox-group-item\" data-show_title=\"false\" data-caption=\"Alignment- ISS For = Voting For\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For-980x429.png\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For.png 2060w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For-300x131.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For-1024x448.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For-768x336.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For-1536x673.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For-2048x897.png 2048w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For-980x429.png 980w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For-1200x525.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For.png?w=412 412w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For.png?w=824 824w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-For-Voting-For.png?w=1648 1648w\" width=\"980\" height=\"429\"><\/a><\/div><div class=\"vcex-image-grid-entry-excerpt entry-excerpt wpex-mb-20 wpex-clr\">Alignment - ISS <span class=\"has-palette-62329-color\">For<\/span> = <span class=\"has-palette-662329-color\">For<\/span><\/div><\/figure><\/div><div class=\"id-64573 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_1 nr-col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against-1200x525.png\" class=\"vcex-image-grid-entry-link wpex-lightbox-group-item\" data-show_title=\"false\" data-caption=\"Divergence- ISS For = Voting [span class=&#039;has-palette-63603-color&#039;]Against[\/span]\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against-980x429.png\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against.png 2060w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against-300x131.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against-1024x448.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against-768x336.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against-1536x673.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against-2048x897.png 2048w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against-980x429.png 980w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against-1200x525.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against.png?w=412 412w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against.png?w=824 824w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-For-Voting-Against.png?w=1648 1648w\" width=\"980\" height=\"429\"><\/a><\/div><div class=\"vcex-image-grid-entry-excerpt entry-excerpt wpex-mb-20 wpex-clr\">Divergence- ISS <span class=\"has-palette-62329-color\">For<\/span> = Voting <span class=\"has-palette-63603-color\">Against<\/span><\/div><\/figure><\/div><\/div><\/div>[\/vc_column][\/vc_row][vc_row][vc_column]<div class=\"vcex-spacing wpex-w-100 wpex-clear\"><\/div>[\/vc_column][\/vc_row][vc_row remove_bottom_col_margin=\u00a0\u00bbtrue\u00a0\u00bb css=\u00a0\u00bb.vc_custom_1772710058022{padding: 30px !important;}\u00a0\u00bb wpex_bg_color=\u00a0\u00bb#f1f1f1&Prime;][vc_column]<style>.vcex-heading.vcex_69d634deaef2b{font-size:var(--wpex-text-lg);font-weight:600;}<\/style><div class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-25 vcex_69d634deaef2b\"><span class=\"vcex-heading-inner wpex-inline-block\">Alignments &amp; Divergences with ISS-Against<\/span><\/div><style>.vcex-image-grid.vcex_69d634deaf843 .entry-excerpt{font-size:var(--wpex-text-lg);font-weight:600;}.vcex-image-grid.vcex_69d634deaf843{--wpex-row-gap:35px;}<\/style><div class=\"vcex-image-grid-wrap\"><div class=\"vcex-module vcex-image-grid grid-style-default wpex-row wpex-clr wpex-lightbox-group vcex_69d634deaf843\"><div class=\"id-64548 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_1 nr-col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against-1200x525.png\" class=\"vcex-image-grid-entry-link wpex-lightbox-group-item\" data-title=\"Alignment- ISS Against = Voting Against\" data-caption=\"Alignment- ISS [span class=&#039;has-palette-63603-color&#039;]Against[\/span] = Voting [span class=&#039;has-palette-63603-color&#039;]Against[\/span]\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against-980x429.png\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against.png 2060w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against-300x131.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against-1024x448.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against-768x336.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against-1536x673.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against-2048x897.png 2048w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against-980x429.png 980w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against-1200x525.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against.png?w=412 412w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against.png?w=824 824w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-ISS-Against-Voting-Against.png?w=1648 1648w\" width=\"980\" height=\"429\"><\/a><\/div><div class=\"vcex-image-grid-entry-excerpt entry-excerpt wpex-mb-20 wpex-clr\">Alignment- ISS <span class=\"has-palette-63603-color\">Against<\/span> = Voting <span class=\"has-palette-63603-color\">Against<\/span><\/div><\/figure><\/div><div class=\"id-64542 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_1 nr-col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For-1200x525.png\" class=\"vcex-image-grid-entry-link wpex-lightbox-group-item\" data-title=\"Divergence- ISS Against = Voting For\" data-caption=\"Divergence- ISS [span class=&#039;has-palette-63603-color&#039;]Against[\/span] = Voting For\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For-980x429.png\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For.png 2060w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For-300x131.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For-1024x448.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For-768x336.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For-1536x673.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For-2048x897.png 2048w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For-980x429.png 980w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For-1200x525.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For.png?w=412 412w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For.png?w=824 824w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-ISS-Against-Voting-For.png?w=1648 1648w\" width=\"980\" height=\"429\"><\/a><\/div><div class=\"vcex-image-grid-entry-excerpt entry-excerpt wpex-mb-20 wpex-clr\">Divergence- ISS <span class=\"has-palette-63603-color\">Against<\/span> = Voting <span class=\"has-palette-62329-color\">For<\/span><\/div><\/figure><\/div><\/div><\/div>[\/vc_column][\/vc_row][vc_row][vc_column]<div class=\"vcex-spacing wpex-w-100 wpex-clear\"><\/div>[\/vc_column][\/vc_row][vc_row remove_bottom_col_margin=\u00a0\u00bbtrue\u00a0\u00bb css=\u00a0\u00bb.vc_custom_1772710119671{padding: 30px !important;}\u00a0\u00bb wpex_bg_color=\u00a0\u00bb#f1f1f1&Prime;][vc_column]<style>.vcex-heading.vcex_69d634deb3ac1{font-size:var(--wpex-text-lg);font-weight:600;}<\/style><div class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-25 vcex_69d634deb3ac1\"><span class=\"vcex-heading-inner wpex-inline-block\">Alignments &amp; Divergences with Glass Lewis-For<\/span><\/div><style>.vcex-image-grid.vcex_69d634deb436f .entry-excerpt{font-size:var(--wpex-text-lg);font-weight:600;}.vcex-image-grid.vcex_69d634deb436f{--wpex-row-gap:35px;}<\/style><div class=\"vcex-image-grid-wrap\"><div class=\"vcex-module vcex-image-grid grid-style-default wpex-row wpex-clr wpex-lightbox-group vcex_69d634deb436f\"><div class=\"id-64580 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_1 nr-col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For-1200x525.png\" class=\"has-palette-63603-color\" data-title=\"Alignment- Glass Lewis For = Voting For\" span target=\"_blank\" rel=\"noopener\">For<\/span> = <span class='has-palette-63603-color'>For<\/span>\"><img loading=\"lazy\" class=\"wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For-980x429.png\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For.png 2060w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For-300x131.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For-1024x448.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For-768x336.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For-1536x673.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For-2048x897.png 2048w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For-980x429.png 980w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For-1200x525.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For.png?w=412 412w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For.png?w=824 824w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-For-Voting-For.png?w=1648 1648w\" width=\"980\" height=\"429\"><\/a><\/div><div class=\"vcex-image-grid-entry-excerpt entry-excerpt wpex-mb-20 wpex-clr\">Alignment- Glass Lewis <span class=\"has-palette-62329-color\">For<\/span> = <span class=\"has-palette-62329-color\">For<\/span><\/div><\/figure><\/div><div class=\"id-64536 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_1 nr-col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against-1200x525.png\" class=\"vcex-image-grid-entry-link wpex-lightbox-group-item\" data-title=\"Divergence- Glass Lewis For = Voting Against\" data-caption=\"Divergence- Glass Lewis For = Voting [span class=&#039;has-palette-63603-color&#039;]Against[\/span]\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against-980x429.png\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against.png 2060w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against-300x131.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against-1024x448.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against-768x336.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against-1536x673.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against-2048x897.png 2048w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against-980x429.png 980w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against-1200x525.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against.png?w=412 412w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against.png?w=824 824w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-For-Voting-Against.png?w=1648 1648w\" width=\"980\" height=\"429\"><\/a><\/div><div class=\"vcex-image-grid-entry-excerpt entry-excerpt wpex-mb-20 wpex-clr\">Divergence- Glass Lewis <span class=\"has-palette-62329-color\">For<\/span> = Voting <span class=\"has-palette-63603-color\">Against<\/span><\/div><\/figure><\/div><\/div><\/div>[\/vc_column][\/vc_row][vc_row][vc_column]<div class=\"vcex-spacing wpex-w-100 wpex-clear\"><\/div>[\/vc_column][\/vc_row][vc_row remove_bottom_col_margin=\u00a0\u00bbtrue\u00a0\u00bb css=\u00a0\u00bb.vc_custom_1772710143954{padding: 30px !important;}\u00a0\u00bb wpex_bg_color=\u00a0\u00bb#f1f1f1&Prime;][vc_column]<style>.vcex-heading.vcex_69d634deb85d4{font-size:var(--wpex-text-lg);font-weight:600;}<\/style><div class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-25 vcex_69d634deb85d4\"><span class=\"vcex-heading-inner wpex-inline-block\">Alignments &amp; Divergences with Glass Lewis-Against<\/span><\/div><style>.vcex-image-grid.vcex_69d634deb8f05 .entry-excerpt{font-size:var(--wpex-text-lg);font-weight:600;}.vcex-image-grid.vcex_69d634deb8f05{--wpex-row-gap:35px;}<\/style><div class=\"vcex-image-grid-wrap\"><div class=\"vcex-module vcex-image-grid grid-style-default wpex-row wpex-clr wpex-lightbox-group vcex_69d634deb8f05\"><div class=\"id-64566 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_1 nr-col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against-1200x525.png\" class=\"has-palette-63603-color\" data-title=\"Alignment- Glass Lewis Against = Voting Against\" &quot;Alignment- Glass Lewis [span target=\"_blank\" rel=\"noopener\">Against<\/span> = Voting <span class='has-palette-63603-color']Against[\/span]\"><img loading=\"lazy\" class=\"wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against-980x429.png\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against.png 2060w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against-300x131.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against-1024x448.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against-768x336.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against-1536x673.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against-2048x897.png 2048w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against-980x429.png 980w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against-1200x525.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against.png?w=412 412w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against.png?w=824 824w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Alignment-Glass-Lewis-Against-Voting-Against.png?w=1648 1648w\" width=\"980\" height=\"429\"><\/a><\/div><div class=\"vcex-image-grid-entry-excerpt entry-excerpt wpex-mb-20 wpex-clr\">Alignment- Glass Lewis <span class=\"has-palette-63603-color\">Against<\/span> = Voting <span class=\"has-palette-63603-color\">Against<\/span><\/div><\/figure><\/div><div class=\"id-64560 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_1 nr-col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For-1200x525.png\" class=\"vcex-image-grid-entry-link wpex-lightbox-group-item\" data-title=\"Divergence- Glass Lewis Against = Voting For\" data-caption=\"Divergence- Glass Lewis [span class=&#039;has-palette-63603-color&#039;]Against[\/span] = Voting For\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For-980x429.png\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For.png 2060w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For-300x131.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For-1024x448.png 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For-768x336.png 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For-1536x673.png 1536w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For-2048x897.png 2048w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For-980x429.png 980w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For-1200x525.png 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For.png?w=412 412w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For.png?w=824 824w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2026\/03\/Divergence-Glass-Lewis-Against-Voting-For.png?w=1648 1648w\" width=\"980\" height=\"429\"><\/a><\/div><div class=\"vcex-image-grid-entry-excerpt entry-excerpt wpex-mb-20 wpex-clr\">Divergence- Glass Lewis <span class=\"has-palette-63603-color\">Against<\/span> = Voting <span class=\"has-palette-62329-color\">For<\/span><\/div><\/figure><\/div><\/div><\/div>[\/vc_column][\/vc_row][vc_row][vc_column]<div class=\"vcex-spacing wpex-w-100 wpex-clear\"><\/div>[\/vc_column][\/vc_row][vc_row][vc_column]<style>.vcex-heading.vcex_69d634debd0ed{width:100%;color:var(--wpex-palette-62329-color);font-weight:600;background-color:var(--wpex-accent-alt);}<\/style><h2 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-40 wpex-max-w-100 wpex-mr-auto vc_custom_1772630080155 vcex_69d634debd0ed\"><span class=\"vcex-heading-inner wpex-inline-block\">About Correlation, Causality &amp; Possible Influencing Factors<\/span><\/h2>[vc_column_text css=\u00a0\u00bb\u00a0\u00bb]<span class=\"has-palette-63603-color\"><strong>Interpreting Congruence: Why High Alignment Is Not Proof of Causation <\/strong><\/span><\/p>\n<p>According to a paper by Robert Matthews in 2000 titled \u201cStorks Deliver Babies (p=0.008)\u201d, a highly statistically significant correlation exists between stork populations &amp; human birth rates across Europe.<\/p>\n<p>As the paper showed that a high correlation does not inherently imply causality, the author noted: \u201cWhile storks may not deliver babies, unthinking interpretation of correlation and p-values can certainly deliver unreliable conclusions.\u201d<\/p>\n<p><span class=\"has-palette-63603-color\"><strong>Possible Factors Influencing Voting Alignments<\/strong><\/span><\/p>\n<ul>\n<li><strong>Shared Best Practices:<\/strong> Both investors and proxy advisors frequently operate from the same global governance playbooks. Frameworks established by organizations such as the ICGN, UN PRI, and the OECD, alongside national Corporate Governance Codes, create a common baseline. Consequently, high alignments with positive proxy advisory recommendations might just reflect a shared adherence.<\/li>\n<li><strong>Feedback Loops:<\/strong> ISS and Glass Lewis conduct comprehensive annual policy surveys and regular client consultations to ensure their benchmarks remain aligned. By considering also this direct input for their guidelines, there might be a certain self-reinforcing cycle.<\/li>\n<li><strong>Routine Consensus:<\/strong> A certain portion of AGM agendas consist of \u00ab\u00a0routine\u00a0\u00bb and rarely controversial items. In these cases, there is a natural market-wide overlap in positive recommendation &amp; voting, which mathematically inflates alignment percentages.<\/li>\n<li><strong>Common Perspectives:<\/strong> The high degree of alignment with positive recommendations suggests that proxy advisors mirror an established consensus on basic corporate governance best practices.<\/li>\n<\/ul>\n<p><span class=\"has-palette-63603-color\"><strong>Possible Factor Influencing Voting Divergences<\/strong><\/span><\/p>\n<ul>\n<li><strong>Diverging Perspectives:<\/strong> In contrast, the lower alignment with negative recommendations might indicate that investors\u2019 internal voting guidelines are less rigid and thus frequently support agenda items even when ISS and\/or Glass Lewis recommend against them. Consequently, this highlights a clear misalignment between the recommendations of proxy advisors and the independent views and voting policies of individual institutional investors.<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]<style>.vcex-heading.vcex_69d634debdaa1{width:100%;color:var(--wpex-palette-62329-color);font-weight:600;background-color:var(--wpex-accent-alt);}<\/style><h2 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-40 wpex-max-w-100 wpex-mr-auto vc_custom_1772630109537 vcex_69d634debdaa1\"><span class=\"vcex-heading-inner wpex-inline-block\">Methodology &amp; Database<\/span><\/h2>[vc_column_text css=\u00a0\u00bb\u00a0\u00bb]\n<h3>Methodology Market Peer Comparison &amp; Index Selection<\/h3>\n<ul>\n<li>Our study examines 15 of the largest international institutional investors, selected based on average investment size and strategic shareholder structures.<\/li>\n<li>The underlying voting behavior has been curated directly from the investors\u2019 respective public disclosure platforms. This approach ensures that the dataset reflects the official, ex-post records of their stewardship activities, providing a transparent and verifiable basis for our analysis.<\/li>\n<li>Furthermore, the analysis utilizes original ISS and Glass Lewis recommendation data, deliberately avoiding datasets reconstructed ex-post from the disclosed voting records of investors assumed to have outsourced their voting decisions. Our direct access to primary advisory data ensures that the dataset remains both reliable and comprehensive; consequently, this approach facilitates a high degree of analytical precision by eliminating the risks of secondary data degradation.<\/li>\n<li>We tracked the correlation of &lsquo;For&rsquo; and &lsquo;Against&rsquo; votes relative to ISS and Glass Lewis guidance, omitting &lsquo;Abstain&rsquo; votes from the scope. Abstentions represent a marginal fraction of the total\u2014never exceeding a 0.01% threshold of votes cast\u2014and are frequently non-existent among the investors in our study.To establish peer groups comparable between the UK and Germany, we opted for the FTSE 100 on the one side, and we aggregated the DAX 40 and MDAX 50 to create a synthetic DAX 90.<\/li>\n<li>By utilizing this synthetic index, we not only achieved a highly balanced sample sizes for our analysis but also concentrated on the German side to large-cap and mid-cap companies, which better reflects the set-up of the FTSE 100.<\/li>\n<li>To ensure a consistent baseline for voting guidelines and investor expectations, we excluded companies without full proxy coverage\u2014typically, though not exclusively, due to insufficient free float.<\/li>\n<li>We also excluded companies incorporated outside the target market to ensure a consistent comparison, as foreign entities may be subject to different regulatory expectations and voting guidelines.<\/li>\n<li>In total, the analysis covers 167 companies: 85 FTSE 100 companies with 24,535 agenda items (55.8% of total votes) and 82 DAX 90 companies with 19,414 agenda items (44.2% of total votes).<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_section el_class=\u00a0\u00bbwpex-surface-2&Prime; local_scroll_id=\u00a0\u00bbblind-narrative\u00a0\u00bb css=\u00a0\u00bb.vc_custom_1772014090986{padding: 40px !important;}\u00a0\u00bb][vc_row][vc_column]<style>.vcex-heading.vcex_69d634debe33c{font-size:var(--wpex-text-3xl);font-weight:600;}<\/style><h2 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-mb-40 vcex_69d634debe33c\"><span class=\"vcex-heading-inner wpex-inline-block\">成人视频 Team<\/span><\/h2>[vc_column_text css=\u00a0\u00bb\u00a0\u00bb]At 成人视频, we support our EMEA-clients on each assignment with a dedicated global team that consists of:[\/vc_column_text][\/vc_column][\/vc_row][vc_row remove_bottom_col_margin=\u00a0\u00bbtrue\u00a0\u00bb][vc_column]<div class=\"wpex-post-cards wpex-post-cards-template_29496 wpex-relative\"><div class=\"wpex-post-cards-inner\"><div class=\"wpex-post-cards-loop wpex-post-cards-grid wpex-row wpex-clr gap-40\"><div class=\"wpex-post-cards-entry col col-1 span_1_of_3 post-37233 type-staff tag-97 tag-95 cat-130 cat-131 cat-102 cat-101 translation_priority-172\"><div class=\"wpex-card wpex-card-template_29496\"><style>.vc_custom_1739364896388{background-color: #FFFFFF !important;border: 1px solid #F3F3F3 !important;}.vc_custom_1738165065143{padding-right: 12px !important;padding-left: 12px !important;}.vc_custom_1738165180053{padding-right: 12px !important;padding-left: 12px !important;}.vc_custom_1738226857389{padding-right: 12px !important;padding-left: 12px !important;}<\/style><a href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/angelika-horstmeier\/\" aria-label=\"Angelika Horstmeier\" class=\"wpex-card-inner wpex-no-underline wpex-inherit-color\"><div class=\"vc_row wpb_row vc_row-fluid vc_custom_1739364896388 vc_row-o-equal-height vc_row-o-content-top vc_row-flex wpex-relative wpex-vc-has-custom-column-spacing wpex-vc-column-spacing-0px wpex-vc_row-has-fill wpex-vc-reset-negative-margin\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><figure class=\"vcex-image vcex-module wpex-text-center\"><div class=\"vcex-image-inner wpex-relative wpex-inline-block image-filter-grayscale overlay-parent overlay-parent-plus-hover wpex-overflow-hidden\"><span href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/angelika-horstmeier\/\"><img loading=\"lazy\" class=\"vcex-image-img wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier-290x290.jpg\" alt=\"Head shot of Angelika Horstmeier, Managing Director\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier.jpg 1200w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier-300x300.jpg 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier-1024x1024.jpg 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier-150x150.jpg 150w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier-768x767.jpg 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier-600x600.jpg 600w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier-350x350.jpg 350w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier-230x230.jpg 230w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier-210x210.jpg 210w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier-220x220.jpg 220w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier-290x290.jpg 290w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier.jpg?w=480 480w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/02\/Angelika-Horstmeier.jpg?w=960 960w\" width=\"290\" height=\"290\">\n<div class=\"overlay-plus-hover overlay-hide theme-overlay wpex-absolute wpex-inset-0 wpex-transition-all wpex-duration-300\" aria-hidden=\"true\">\n\t<span class=\"overlay-bg wpex-flex wpex-items-center wpex-justify-center wpex-bg-black wpex-block wpex-absolute wpex-inset-0 wpex-opacity-60\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" height=\"40\" width=\"40\" stroke=\"#fff\"><path d=\"M-83 26.947h7.225v234.297H-83zM20 0h0v20h20 0-20v20h0V20H0h0 20z\"\/><\/svg><\/span>\n<\/div>\n<\/span><\/div><\/figure><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-page-title.vcex_69d634dec8b9b .vcex-page-title__heading{font-size:18px;font-weight:500;}<\/style><div class=\"vcex-page-title vcex-module vc_custom_1738165065143 vcex_69d634dec8b9b\"><h2 class=\"vcex-page-title__heading wpex-heading wpex-text-3xl\"><span class=\"vcex-page-title__text\">Angelika Horstmeier<\/span><\/h2><\/div><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-heading.vcex_69d634dec9acf{font-size:14px;font-weight:300;text-transform:uppercase;}<\/style><h3 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl vc_custom_1738165180053 vcex_69d634dec9acf\"><span class=\"vcex-heading-inner wpex-inline-block\">Senior Managing Director<\/span><\/h3><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:40px;\"><\/div>\n\t<div style=\"font-size:14px;text-transform:uppercase;\" class=\"wpb_text_column wpb_content_element vc_custom_1738226857389 wpex-mt-auto\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p><span style=\"color: #393939;\">View profile<\/span><\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\r\n<\/a><\/div><\/div><div class=\"wpex-post-cards-entry col col-2 span_1_of_3 post-37425 type-staff tag-97 cat-130 cat-131 cat-134 cat-102 translation_priority-172\"><div class=\"wpex-card wpex-card-template_29496\"><a href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/sandro-barbato\/\" aria-label=\"Sandro Barbato\" class=\"wpex-card-inner wpex-no-underline wpex-inherit-color\"><div class=\"vc_row wpb_row vc_row-fluid vc_custom_1739364896388 vc_row-o-equal-height vc_row-o-content-top vc_row-flex wpex-relative wpex-vc-has-custom-column-spacing wpex-vc-column-spacing-0px wpex-vc_row-has-fill wpex-vc-reset-negative-margin\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><figure class=\"vcex-image vcex-module wpex-text-center\"><div class=\"vcex-image-inner wpex-relative wpex-inline-block image-filter-grayscale overlay-parent overlay-parent-plus-hover wpex-overflow-hidden\"><span href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/sandro-barbato\/\"><img loading=\"lazy\" class=\"vcex-image-img wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/03\/Sandro-Barbato-headshot-290x290.jpg\" alt=\"Sandro Barbato - 成人视频 Team\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/03\/Sandro-Barbato-headshot-150x150.jpg 150w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/03\/Sandro-Barbato-headshot-220x220.jpg 220w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/03\/Sandro-Barbato-headshot-290x290.jpg 290w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2023\/03\/Sandro-Barbato-headshot.jpg?zoom=0.2&amp;resize=290%2C290 58w\" width=\"290\" height=\"290\">\n<div class=\"overlay-plus-hover overlay-hide theme-overlay wpex-absolute wpex-inset-0 wpex-transition-all wpex-duration-300\" aria-hidden=\"true\">\n\t<span class=\"overlay-bg wpex-flex wpex-items-center wpex-justify-center wpex-bg-black wpex-block wpex-absolute wpex-inset-0 wpex-opacity-60\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" height=\"40\" width=\"40\" stroke=\"#fff\"><path d=\"M-83 26.947h7.225v234.297H-83zM20 0h0v20h20 0-20v20h0V20H0h0 20z\"\/><\/svg><\/span>\n<\/div>\n<\/span><\/div><\/figure><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-page-title.vcex_69d634dece3ad .vcex-page-title__heading{font-size:18px;font-weight:500;}<\/style><div class=\"vcex-page-title vcex-module vc_custom_1738165065143 vcex_69d634dece3ad\"><h2 class=\"vcex-page-title__heading wpex-heading wpex-text-3xl\"><span class=\"vcex-page-title__text\">Sandro Barbato<\/span><\/h2><\/div><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-heading.vcex_69d634decf382{font-size:14px;font-weight:300;text-transform:uppercase;}<\/style><h3 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl vc_custom_1738165180053 vcex_69d634decf382\"><span class=\"vcex-heading-inner wpex-inline-block\">Managing Director<\/span><\/h3><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:40px;\"><\/div>\n\t<div style=\"font-size:14px;text-transform:uppercase;\" class=\"wpb_text_column wpb_content_element vc_custom_1738226857389 wpex-mt-auto\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p><span style=\"color: #393939;\">View profile<\/span><\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\r\n<\/a><\/div><\/div><div class=\"wpex-post-cards-entry col col-3 span_1_of_3 post-55880 type-staff tag-97 cat-647 cat-683 cat-131 cat-149 cat-419 cat-646 cat-132 translation_priority-172\"><div class=\"wpex-card wpex-card-template_29496\"><a href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/ahmed-suliman\/\" aria-label=\"Ahmed Suliman\" class=\"wpex-card-inner wpex-no-underline wpex-inherit-color\"><div class=\"vc_row wpb_row vc_row-fluid vc_custom_1739364896388 vc_row-o-equal-height vc_row-o-content-top vc_row-flex wpex-relative wpex-vc-has-custom-column-spacing wpex-vc-column-spacing-0px wpex-vc_row-has-fill wpex-vc-reset-negative-margin\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><figure class=\"vcex-image vcex-module wpex-text-center\"><div class=\"vcex-image-inner wpex-relative wpex-inline-block image-filter-grayscale overlay-parent overlay-parent-plus-hover wpex-overflow-hidden\"><span href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/ahmed-suliman\/\"><img loading=\"lazy\" class=\"vcex-image-img wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Ahmed-Suliman-290x290.jpg\" alt=\"\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Ahmed-Suliman.jpg 1080w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Ahmed-Suliman-300x300.jpg 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Ahmed-Suliman-1024x1024.jpg 1024w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Ahmed-Suliman-150x150.jpg 150w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Ahmed-Suliman-768x768.jpg 768w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Ahmed-Suliman-600x600.jpg 600w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Ahmed-Suliman-290x290.jpg 290w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Ahmed-Suliman-220x220.jpg 220w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Ahmed-Suliman.jpg?w=432 432w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Ahmed-Suliman.jpg?w=864 864w\" width=\"290\" height=\"290\">\n<div class=\"overlay-plus-hover overlay-hide theme-overlay wpex-absolute wpex-inset-0 wpex-transition-all wpex-duration-300\" aria-hidden=\"true\">\n\t<span class=\"overlay-bg wpex-flex wpex-items-center wpex-justify-center wpex-bg-black wpex-block wpex-absolute wpex-inset-0 wpex-opacity-60\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" height=\"40\" width=\"40\" stroke=\"#fff\"><path d=\"M-83 26.947h7.225v234.297H-83zM20 0h0v20h20 0-20v20h0V20H0h0 20z\"\/><\/svg><\/span>\n<\/div>\n<\/span><\/div><\/figure><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-page-title.vcex_69d634ded3575 .vcex-page-title__heading{font-size:18px;font-weight:500;}<\/style><div class=\"vcex-page-title vcex-module vc_custom_1738165065143 vcex_69d634ded3575\"><h2 class=\"vcex-page-title__heading wpex-heading wpex-text-3xl\"><span class=\"vcex-page-title__text\">Ahmed Suliman<\/span><\/h2><\/div><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-heading.vcex_69d634ded4514{font-size:14px;font-weight:300;text-transform:uppercase;}<\/style><h3 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl vc_custom_1738165180053 vcex_69d634ded4514\"><span class=\"vcex-heading-inner wpex-inline-block\">Director, Governance Advisory Solutions<\/span><\/h3><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:40px;\"><\/div>\n\t<div style=\"font-size:14px;text-transform:uppercase;\" class=\"wpb_text_column wpb_content_element vc_custom_1738226857389 wpex-mt-auto\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p><span style=\"color: #393939;\">View profile<\/span><\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\r\n<\/a><\/div><\/div><div class=\"wpex-post-cards-entry col col-1 span_1_of_3 post-37313 type-staff tag-96 tag-97 cat-131 translation_priority-172\"><div class=\"wpex-card wpex-card-template_29496\"><a href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/emmanuelle-palikuca\/\" aria-label=\"Emmanuelle Palikuca\" class=\"wpex-card-inner wpex-no-underline wpex-inherit-color\"><div class=\"vc_row wpb_row vc_row-fluid vc_custom_1739364896388 vc_row-o-equal-height vc_row-o-content-top vc_row-flex wpex-relative wpex-vc-has-custom-column-spacing wpex-vc-column-spacing-0px wpex-vc_row-has-fill wpex-vc-reset-negative-margin\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><figure class=\"vcex-image vcex-module wpex-text-center\"><div class=\"vcex-image-inner wpex-relative wpex-inline-block image-filter-grayscale overlay-parent overlay-parent-plus-hover wpex-overflow-hidden\"><span href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/emmanuelle-palikuca\/\"><img loading=\"lazy\" class=\"vcex-image-img wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450-290x290.png\" alt=\"Headshot of Emmanuelle Palikuca, Managing Director, Head of Sustainability Advisory\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450.png 450w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450-300x300.png 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450-150x150.png 150w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450-350x350.png 350w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450-230x230.png 230w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450-210x210.png 210w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450-220x220.png 220w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450-70x70.png 70w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450-64x64.png 64w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450-26x26.png 26w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2022\/12\/EPalikuca450-290x290.png 290w\" width=\"290\" height=\"290\">\n<div class=\"overlay-plus-hover overlay-hide theme-overlay wpex-absolute wpex-inset-0 wpex-transition-all wpex-duration-300\" aria-hidden=\"true\">\n\t<span class=\"overlay-bg wpex-flex wpex-items-center wpex-justify-center wpex-bg-black wpex-block wpex-absolute wpex-inset-0 wpex-opacity-60\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" height=\"40\" width=\"40\" stroke=\"#fff\"><path d=\"M-83 26.947h7.225v234.297H-83zM20 0h0v20h20 0-20v20h0V20H0h0 20z\"\/><\/svg><\/span>\n<\/div>\n<\/span><\/div><\/figure><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-page-title.vcex_69d634ded8b3d .vcex-page-title__heading{font-size:18px;font-weight:500;}<\/style><div class=\"vcex-page-title vcex-module vc_custom_1738165065143 vcex_69d634ded8b3d\"><h2 class=\"vcex-page-title__heading wpex-heading wpex-text-3xl\"><span class=\"vcex-page-title__text\">Emmanuelle Palikuca<\/span><\/h2><\/div><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-heading.vcex_69d634ded989b{font-size:14px;font-weight:300;text-transform:uppercase;}<\/style><h3 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl vc_custom_1738165180053 vcex_69d634ded989b\"><span class=\"vcex-heading-inner wpex-inline-block\">Managing Director, Global Advisory and Head of Sustainability<\/span><\/h3><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:40px;\"><\/div>\n\t<div style=\"font-size:14px;text-transform:uppercase;\" class=\"wpb_text_column wpb_content_element vc_custom_1738226857389 wpex-mt-auto\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p><span style=\"color: #393939;\">View profile<\/span><\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\r\n<\/a><\/div><\/div><div class=\"wpex-post-cards-entry col col-2 span_1_of_3 post-62738 type-staff tag-97 cat-134 cat-701 translation_priority-172\"><div class=\"wpex-card wpex-card-template_29496\"><a href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/mayra-baraschi\/\" aria-label=\"Mayra Baraschi\" class=\"wpex-card-inner wpex-no-underline wpex-inherit-color\"><div class=\"vc_row wpb_row vc_row-fluid vc_custom_1739364896388 vc_row-o-equal-height vc_row-o-content-top vc_row-flex wpex-relative wpex-vc-has-custom-column-spacing wpex-vc-column-spacing-0px wpex-vc_row-has-fill wpex-vc-reset-negative-margin\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><figure class=\"vcex-image vcex-module wpex-text-center\"><div class=\"vcex-image-inner wpex-relative wpex-inline-block image-filter-grayscale overlay-parent overlay-parent-plus-hover wpex-overflow-hidden\"><span href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/mayra-baraschi\/\"><img loading=\"lazy\" class=\"vcex-image-img wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/11\/MAYRA-BARASCHI-e1762274916489-290x290.jpg\" alt=\"\" width=\"290\" height=\"290\">\n<div class=\"overlay-plus-hover overlay-hide theme-overlay wpex-absolute wpex-inset-0 wpex-transition-all wpex-duration-300\" aria-hidden=\"true\">\n\t<span class=\"overlay-bg wpex-flex wpex-items-center wpex-justify-center wpex-bg-black wpex-block wpex-absolute wpex-inset-0 wpex-opacity-60\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" height=\"40\" width=\"40\" stroke=\"#fff\"><path d=\"M-83 26.947h7.225v234.297H-83zM20 0h0v20h20 0-20v20h0V20H0h0 20z\"\/><\/svg><\/span>\n<\/div>\n<\/span><\/div><\/figure><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-page-title.vcex_69d634deddbd6 .vcex-page-title__heading{font-size:18px;font-weight:500;}<\/style><div class=\"vcex-page-title vcex-module vc_custom_1738165065143 vcex_69d634deddbd6\"><h2 class=\"vcex-page-title__heading wpex-heading wpex-text-3xl\"><span class=\"vcex-page-title__text\">Mayra Baraschi<\/span><\/h2><\/div><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-heading.vcex_69d634dedeb4f{font-size:14px;font-weight:300;text-transform:uppercase;}<\/style><h3 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl vc_custom_1738165180053 vcex_69d634dedeb4f\"><span class=\"vcex-heading-inner wpex-inline-block\">Director, Shareholder Engagement Services (SES), International<\/span><\/h3><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:40px;\"><\/div>\n\t<div style=\"font-size:14px;text-transform:uppercase;\" class=\"wpb_text_column wpb_content_element vc_custom_1738226857389 wpex-mt-auto\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p><span style=\"color: #393939;\">View profile<\/span><\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\r\n<\/a><\/div><\/div><div class=\"wpex-post-cards-entry col col-3 span_1_of_3 post-64338 type-staff tag-97 cat-134 cat-143 cat-647 cat-101 translation_priority-172\"><div class=\"wpex-card wpex-card-template_29496\"><a href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/oliver-taylor\/\" aria-label=\"Oliver Taylor\" class=\"wpex-card-inner wpex-no-underline wpex-inherit-color\"><div class=\"vc_row wpb_row vc_row-fluid vc_custom_1739364896388 vc_row-o-equal-height vc_row-o-content-top vc_row-flex wpex-relative wpex-vc-has-custom-column-spacing wpex-vc-column-spacing-0px wpex-vc_row-has-fill wpex-vc-reset-negative-margin\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><figure class=\"vcex-image vcex-module wpex-text-center\"><div class=\"vcex-image-inner wpex-relative wpex-inline-block image-filter-grayscale overlay-parent overlay-parent-plus-hover wpex-overflow-hidden\"><span href=\"https:\/\/allianceadvisors.com\/fr\/staff-member\/oliver-taylor\/\"><img loading=\"lazy\" class=\"vcex-image-img wpex-align-middle\" decoding=\"async\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/04\/Website-Colour-e1745507634485-290x290.jpg\" alt=\"\" width=\"290\" height=\"290\">\n<div class=\"overlay-plus-hover overlay-hide theme-overlay wpex-absolute wpex-inset-0 wpex-transition-all wpex-duration-300\" aria-hidden=\"true\">\n\t<span class=\"overlay-bg wpex-flex wpex-items-center wpex-justify-center wpex-bg-black wpex-block wpex-absolute wpex-inset-0 wpex-opacity-60\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" height=\"40\" width=\"40\" stroke=\"#fff\"><path d=\"M-83 26.947h7.225v234.297H-83zM20 0h0v20h20 0-20v20h0V20H0h0 20z\"\/><\/svg><\/span>\n<\/div>\n<\/span><\/div><\/figure><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-page-title.vcex_69d634dee2ed6 .vcex-page-title__heading{font-size:18px;font-weight:500;}<\/style><div class=\"vcex-page-title vcex-module vc_custom_1738165065143 vcex_69d634dee2ed6\"><h2 class=\"vcex-page-title__heading wpex-heading wpex-text-3xl\"><span class=\"vcex-page-title__text\">Oliver Taylor<\/span><\/h2><\/div><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div><style>.vcex-heading.vcex_69d634dee3e12{font-size:14px;font-weight:300;text-transform:uppercase;}<\/style><h3 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl vc_custom_1738165180053 vcex_69d634dee3e12\"><span class=\"vcex-heading-inner wpex-inline-block\">Account Executive, Engagement<\/span><\/h3><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:40px;\"><\/div>\n\t<div style=\"font-size:14px;text-transform:uppercase;\" class=\"wpb_text_column wpb_content_element vc_custom_1738226857389 wpex-mt-auto\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p><span style=\"color: #393939;\">View profile<\/span><\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\r\n<\/a><\/div><\/div><\/div><\/div><\/div>[\/vc_column][\/vc_row][\/vc_section][vc_row remove_bottom_col_margin=\u00a0\u00bbtrue\u00a0\u00bb css=\u00a0\u00bb.vc_custom_1772630149245{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;}\u00a0\u00bb][vc_column][vc_column_text css=\u00a0\u00bb\u00a0\u00bb font_size=\u00a0\u00bb13px\u00a0\u00bb text_align=\u00a0\u00bbright\u00a0\u00bb]Photo by AlphaTradeZone[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]<div class=\"vcex-spacing wpex-w-100 wpex-clear\"><\/div>[\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"Oliver joined 成人视频 in 2025 to support the firm\u2019s activism, M&amp;A and contested situations team. Prior to this he spent over half a decade focused on shareholder voting and corporate governance research at Proxy Insight and Diligent. Oliver was instrumental in the development of a shareholder voting offering for the Diligent Market Intelligence product&hellip;","protected":false},"author":52,"featured_media":64463,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[235],"tags":[],"post_series":[],"ppma_author":[645],"class_list":["post-64628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-whitepapers-fr","entry","has-media"],"authors":[{"term_id":645,"user_id":52,"is_guest":0,"slug":"s-barbato","display_name":"Sandro Barbato","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/e624b484087e8f4f0c72dca38c0a3631a0250712cf597e9480457f74129913a3?s=96&d=mm&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/posts\/64628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/users\/52"}],"replies":[{"embeddable":true,"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/comments?post=64628"}],"version-history":[{"count":1,"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/posts\/64628\/revisions"}],"predecessor-version":[{"id":64633,"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/posts\/64628\/revisions\/64633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/media\/64463"}],"wp:attachment":[{"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/media?parent=64628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/categories?post=64628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/tags?post=64628"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/post_series?post=64628"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/allianceadvisors.com\/fr\/wp-json\/wp\/v2\/ppma_author?post=64628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}