Home / Filers / RWC Asset Management LLP
RWC Asset Management LLP
institutional manager voting report
- Vote records reported
- 7,445year to 30 June 2026
- Against management
- 8.9%665 of 7,445 marked votes
- Say-on-pay support
- 89.9%for, of for + against + abstain
- Shareholder-proposal support
- 41.9%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
In its Form N-PX for the year to 30 June 2026, RWC Asset Management LLP listed 7,445 vote records. Votes against management made up 8.9% of those marked either way (665 of 7,445); the median institutional manager stood at 6.4%.
Weighted by the number of shares voted, the against-management share is 11.9%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.
On pay and on shareholder proposals: it voted for 89.9% of the section 14A say-on-pay items it reported (the median institutional manager: 91.4%) and it voted for 41.9% of the proposals put forward by security holders (the median institutional manager: 41.1%).
By category, votes against management were most frequent in EXTRAORDINARY TRANSACTIONS (21.7% of 69), ENVIRONMENT OR CLIMATE (20.0% of 25) and OTHER SOCIAL ISSUES (11.7% of 60).
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 2,628 institutional managers with at least 25 vote records in the season.
| year to 30 June 2026 | This filer | Median institutional manager | All filers pooled |
|---|---|---|---|
| Against-management share | 8.9% | 6.4% | 10.6% |
| Say-on-pay support rate | 89.9% | 91.4% | 86.0% |
| Shareholder-proposal support rate | 41.9% | 41.1% | 33.9% |
| Shares on loan, share of shares held | 0.00% | 0.00% | 3.12% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Votes by category
Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 3,456 | 3,064 | 269 | 9.2% | |
| SECTION 14A SAY-ON-PAY VOTES | 312 | 276 | 31 | 9.6% | |
| AUDIT-RELATED | 691 | 643 | 42 | 5.9% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 75 | 71 | 4 | 4.0% | |
| EXTRAORDINARY TRANSACTIONS | 69 | 53 | 15 | 21.7% | |
| CAPITAL STRUCTURE | 1,028 | 933 | 94 | 8.9% | |
| COMPENSATION | 988 | 875 | 107 | 10.7% | |
| CORPORATE GOVERNANCE | 2,474 | 2,281 | 181 | 6.3% | |
| ENVIRONMENT OR CLIMATE | 25 | 7 | 18 | 20.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 1 | 0 | 1 | 0.0% | |
| OTHER SOCIAL ISSUES | 60 | 40 | 19 | 11.7% | |
| OTHER | 3 | 2 | 1 | 0.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 7,251 | 8.1% | 82.5% | 50.9% | |
| year to 30 June 2025 | 6,735 | 7.0% | 89.7% | 48.9% | |
| year to 30 June 2026 | 7,445 | 8.9% | 89.9% | 41.9% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, RWC Asset Management LLP voted against management on 29 of the 281 it marked either way (10.3%) in the year to 30 June 2026. The 27 companies with the most reporting filers are listed.
- Comcast Corporation 9 Jun 2026
- Omnicom Group Inc. 5 May 2026
- Avista Corporation 13 May 2026
- SUNRUN INC. 27 May 2026
- LVMH Moet Hennessy Louis Vuitton SE 23 Apr 2026
- Prosus NV 6 Aug 2025
- GSK Plc 6 May 2026
- Eni SpA 6 May 2026
- Elia Group SA/NV 18 May 2026
- Evonik Industries AG 2 Jun 2026
- Deutsche Lufthansa AG 12 May 2026
- Impala Platinum Holdings Ltd. 29 Oct 2025
- Aumovio SE 13 May 2026
- Arkema SA 21 May 2026
- Northland Power Inc. 20 May 2026
- GEK Terna SA 16 Jun 2026
- Zabka Group SA 9 Jun 2026
- Nexi SpA 29 Apr 2026
- RENEW ENERGY GLOBAL PLC 11 Sep 2025
- ENAV SpA 14 May 2026
- Glanbia Plc 29 Apr 2026
- Nickel Industries Limited 26 May 2026
- Hugo Boss AG 21 May 2026
- Pepco Group NV 11 Mar 2026
- AFRY AB 28 Apr 2026
- SolGold Plc 25 Dec 2025
- CrediaBank SA 22 May 2026
Shareholder proposals it supported
Of 52 proposals from security holders that could be told apart in the filings and on which it cast a vote, RWC Asset Management LLP voted for 19 (36.5%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| Verizon Communications Inc. | 21 May 2026 | Board oversight of material issues related to climate change |
| Linde Plc | 29 Jul 2025 | A shareholder proposal requesting an annual report regarding the alignment of the Company's direct and... |
| The AES Corporation | 29 Apr 2026 | If properly presented, to vote on a non-binding stockholder proposal regarding stockholder ability to call... |
| EPAM Systems, Inc. | 21 May 2026 | To hold an advisory vote on a stockholder proposal, entitled "Give Shareholders an Ability to Call for a... |
| Eni SpA | 6 May 2026 | Shareholder proposal: AUDIT-RELATED |
| Eni SpA | 6 May 2026 | Shareholder proposal: AUDIT-RELATED |
| Moncler SpA | 21 Apr 2026 | Shareholder proposal: AUDIT-RELATED |
| Moncler SpA | 21 Apr 2026 | Shareholder proposal: AUDIT-RELATED |
| PT Bank Mandiri (Persero) Tbk | 19 Dec 2025 | Amend Articles of Association |
| PT Bank Mandiri (Persero) Tbk | 19 Dec 2025 | Approve Delegation of Authority for Approval of the 2026 Company Work Plan and Budget |
| TERNA Rete Elettrica Nazionale SpA | 12 May 2026 | Shareholder proposal: AUDIT-RELATED |
| Petroleo Brasileiro SA | 16 Apr 2026 | Shareholder proposal: AUDIT-RELATED |
| Ambev SA | 30 Apr 2026 | Shareholder proposal: AUDIT-RELATED |
| Nissan Motor Co., Ltd. | 23 Jun 2026 | Shareholder proposal: CORPORATE GOVERNANCE |
| Hera SpA | 29 Apr 2026 | Shareholder proposal: AUDIT-RELATED |
| Rohto Pharmaceutical Co., Ltd. | 24 Jun 2026 | Approve Restricted Stock Plan |
| Rohto Pharmaceutical Co., Ltd. | 24 Jun 2026 | Amend Articles to Restore Shareholder Authority to Vote on Income Allocation and Share Buybacks |
| Transmissora Alianca de Energia Eletrica SA | 29 Apr 2026 | Shareholder proposal: AUDIT-RELATED |
| Transmissora Alianca de Energia Eletrica SA | 29 Apr 2026 | Shareholder proposal: AUDIT-RELATED |
Shares on loan
RWC Asset Management LLP reported no shares on loan for the year to 30 June 2026. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 28 Aug 2026 accession 0001398344-26-015971
- Every N-PX filing by this filer on EDGAR
Questions
How did RWC Asset Management LLP vote on executive pay?
In the year to 30 June 2026 RWC Asset Management LLP reported 307 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 276 were for (89.9%), 30 against and 1 abstentions. Counting one item per company meeting, it voted against management on 29 of the 281 say-on-pay items it marked either way.
How often does RWC Asset Management LLP vote against management?
8.9% of the time in the year to 30 June 2026: 665 of the 7,445 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.
Is this the result of the meetings?
No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.
Where does the data come from?
From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by RWC Asset Management LLP (filer no. 1520478), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.