Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio.
Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes :
Each theme is rated taking into account several comprehensive sub-categories.
Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter. Indeed, our process is supported by a network of local experts that have a deep knowledge of each local market best practices (from both customs and regulatory points of views).
If you are interested in the Proxinvest Corporate Governance Rating ®, please contact directly Proxinvest ( or +33(0)1 45 51 50 43).
Hargreaves Lansdown is a direct to investor investment service administering investments for clients. Co. provides a platform through which clients can buy, hold and sell their investments within tax efficient wrappers such as individual savings accounts and self-invested personal pensions, or fund and share accounts. Co. acts as an intermediary between its clients and the fund managers or registrars of investments and can also provide advice.
Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.
Proxinvest main services are :
Proxinvest has been a pioneer and champion of good corporate governance and has grown into a recognised expert in the field.
Proxinvest is independently-owned and only works for investors : Proxinvest does not provide consulting services to the companies it covers, mitigating related risks to its clients and ensuring the independence of our analysis. As a result Proxinvest is able to take a robust, independent, engaged and unconflicted view of the companies in which our clients invest.
As Managing Partner of Expert Corprate Governance Service Ltd (ECGS), Proxinvest has built a large network of corporate governance experts to support clients in corporate governance analysis worldwide.
The independent financial analyst theScreener just changed two ratings for the qualification of HARGREAVES LANSDOWN PLC. (GB), active in the Asset Managers industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 3 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date December 10, 2019, the closing price was GBp 1,862.50 and its expected value was estimated at GBp 1,828.27.
Feasibility Study Results in December to be a Catalyst for this Junior
Hargreaves Lansdown (HL) plc offers a direct to investor investment service. One of the company’s Wealth 50 recommended funds – LF Woodford Equity Income was suspended in June 2019 after becoming overwhelmed by customer withdrawals. This has left £1.6bn of HL’ client investments trapped until at least December (1.7% of Hargreaves Lansdown’s total Assets Under Administration). Around one out of four HL’ customers is affected. The company waived fees for nearly 300,000 customers locked into Woodford’s suspended fund which will cost more than £2m in revenues. The Executives decided to give up t...
In general, Valmet Corporation is in compliance with the Finnish regulations relating to the organization and procedures of the Annual General Meeting. Under ITEM 10, the board of directors seeks approval of the Company's executive remuneration policy. ECGS notes that, following the entry into force of the EU ShareholdersnRights Directive (SRD II), this is the first time that Valmet puts its executive remuneration policy to a vote. In general, ECGS deems the overall level of transparency of Valmet's executive remuneration policy in line with Finnish standards, and remuneration amounts are rea...
In general, Danske Bank is in compliance with the Danish regulations relating to organisation and procedures of the Annual General Meeting. Under ITEM 4f it is proposed to re-appoint Ms. Carol Sergeant as Vice Chairman of the board of directors. Although she is considered independent, ECGS does NOT approve of the re-appointment of any board members who were part of the board of directors at the time of the money laundering scandal in Estonia. Accordingly, ECGS recommends to vote OPPOSE. Under ITEM 6c the board of directors seeks authorisation to issue shares and/or convertible loans. In aggr...
Le montant des rémunérations ex-post des dirigeants ne sont pas excessifs, mais l'absence de communication concernant les rémunérations variables annuelles ne permet pas à Proxinvest de soutenir les résolutions 9, 10 et 12. De plus, comme l'année précédente, la politique de rémunération des mandataires sociaux pour l'exercice à venir ne communique pas les montants fixes. Ceci constitue un manquement que Proxinvest sanctionne par une recommandation négative en résolution 7. La société propose la nomination de Cyril Ballu, Directeur Général Délégué du groupe, et membre de la famille Ballu déten...