December 2020

Country Ranking Trends Magni recently completed a review of Market Integrity in Peru. Historically, Peru has made commitments to improve the many weaknesses documented in the country’s governance of markets. The country’s low score for Market Integrity contributes to one of the lowest overall Magni Country Governance Scores in the investible world. Even modest success […]

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Helmerich & Payne, Inc. 

The annual proxy for this oil and gas drilling company had the following proposals:  Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote  Magni voted for and against proforma proposals:  For directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors.  For auditors – The company meets the criteria in Magni’s policy on auditor […]

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Micron Technology, Inc. 

The annual proxy for this manufacturer of semiconductor equipment had the following proposals:  Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote  Board proposal on equity incentive plan  Magni voted as follows:  For and against proforma proposals: –For directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors. -For auditors – The company meets the criteria in Magni’s policy on […]

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November 2020

Country Ranking Trends Magni recently completed a review of Banking Supervision in the Philippines. Our purpose was to evaluate the weaknesses in the country’s banking system, the weakness that enabled the North Koreans to pull off the 2016 bank heist using Philippine banks. They got $81 million from a Bangladesh bank. Unfortunately, the review demonstrated […]

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