November 2018

Country Ranking Trends Following Magni’s review of Market Integrity, Indonesia’s implementation of previously-announced reforms has progressed to the point where an upgrade is warranted. Governments that assure high market integrity provide environments conducive to open and honest business transactions. UK and EU Need the Optimism of Little Orphan Annie’s “Tomorrow” The United Kingdom’s proposed agreement […]

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Medtronic

The annual proxy for this medical device company had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Magni for all proforma proposals:  Directors – The board has a majority of independent directors and some have CEO/CFO experience with other companies. The compensation of directors is disclosed with a meaningful portion in equity where the equity has restrictions to align director incentives with long-term value creation. The compensation levels are […]

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ESG Ratings: Too Much ‘Garbage in’ ‘Garbage out’

By Kurt Lieberman, CEO, Magni Global Asset Management November 2018 In 2016 the Global Sustainable Investment Alliance reported that sustainable investment assets reached $22.89 trillion — a 25% increase over 2014. While Europe accounts for over half the total assets, the US is among the fastest growing countries, with an increase of 33% in sustainable […]

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Magni CEO Speaks at Socially Responsible Investing Conference in Colorado Springs

FOR IMMEDIATE RELEASE Minneapolis, MN, November 6, 2018 – Magni Global Asset Management LLC (Magni) announced that CEO Kurt Lieberman was a featured panelist at the Be Part of the Change 29th Annual SRI Conference, November 1-4 in Colorado Springs, CO. The conference was attended by more than 700 financial services professionals. Lieberman, along with […]

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Microsoft

The annual proxy for this software company had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Magni for all proforma proposals:  Directors – The board has a majority of independent directors and some have CEO/CFO experience with other companies. The compensation of directors is disclosed with a meaningful portion in equity where the equity has restrictions to align director incentives with long-term value creation. The compensation levels are set […]

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October 2018

Country Ranking Trends Following Magni’s review of Fiscal Policy Transparency, no countries were upgraded or downgraded. Governments that are transparent about government expenditures are less likely to be corrupt or to have crony capitalist deals that extract economic rents for the benefit of the powerful. October was another of the occasional months where Magni scores […]

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