Increased retail investor engagement as a
result of the evolving market and regulatory framework
NEW
YORK and LONDON,
March 27,
2024 /PRNewswire/ -- Global Fintech leader
Broadridge Financial Solutions, Inc. (NYSE:BR) today announced its
latest whitepaper on the trends driving the proxy voting and
corporate governance activities of retail investors throughout
Europe.
The whitepaper, The Continued Empowerment of the Retail
Shareholder, looks at how ongoing reviews of the Capital
Markets Union (CMU) and the Shareholder Rights Directive (SRDII),
combined with wider adoption of new technology, a greater emphasis
on user experience and a shift in the priorities of traditional and
next-generation retail investors, are shaping the market and
further engaging the retail segment.
"The evolving regulatory framework in Europe to support both ESG and shareholder
voting, both for equities and funds will more than likely encourage
even higher retail activity in the longer term," said Demi Derem,
General Manager of International Corporate Governance, Digital
Transformation and Market Innovation at Broadridge. "Equipped
with greater awareness and transparency around ESG credentials, the
investing public will be more inclined to vote on key company
issues such as board diversity and environmental criteria."
"It's fascinating to see how the EU's strategic focus on the
retail investor as a pillar of its Capital Markets Union and the
emphasis on governance as part of the ongoing review of SRD II are
changing key dynamics for these investors across the region," said
Virginie O'Shea, the Founder of
Firebrand Research, who worked with Broadridge to develop the
whitepaper. "Working with Broadridge and their insights and data on
corporate governance has enabled us to delve deeper into the
underlying trends driving increased activity from retail
investors."
Broadridge works with financial intermediary firms
internationally to provide them with a seamless and white-labelled
proxy voting service that empowers their retail investor clients
and drives higher levels of engagement. The user experience is
consistent for clients across the various portals and mobile
applications to allow voting from any location and using the
financial institutions' own branding and front ends where that is a
preference.
Broadridge's Investor Communication Solutions business sits at
the center of a global network that connects hundreds of
broker-dealers and wealth managers, thousands of public companies,
tens of thousands of funds, more than 100 million individual
investors and 750 million unique equity positions.
To download the full whitepaper, click here.
About Broadridge
Broadridge Financial Solutions (NYSE:
BR), a global Fintech leader with more than $6 billion in revenues, provides the critical
infrastructure that powers investing, corporate governance and
communications to enable better financial lives. We deliver
technology-driven solutions that drive business transformation for
banks, broker-dealers, asset and wealth managers and public
companies. Broadridge's infrastructure serves as a global
communications hub enabling corporate governance by linking
thousands of public companies and mutual funds to tens of millions
of individual and institutional investors around the world. Our
technology and operations platforms underpin the daily trading of
more than U.S. $10 trillion of
equities, fixed income and other securities globally. A certified
Great Place to Work®, Broadridge is part of the S&P
500® Index, employing over 14,000 associates in 21
countries.
For more information about us and what we can do for you, please
visit www.broadridge.com.
Broadridge Contacts:
Investors:
Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com
Media:
Gregg
Rosenberg
Global Head of Corporate Communications
Gregg.Rosenberg@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.