Exercise of voting rights
In accordance with its founding documents, the FRR's voting rights are exercised by the asset managers it has selected, solely in the interests of the Fund.
Objectives
The guidelines on exercising voting rights incorporate the specific characteristics of the FRR but must be broad enough to also take into account national particularities (in France and internationally).
The objective of the FRR is therefore to capitalize on managers' knowledge and their ability to understand current practices in different financial markets. Managers may also refer to these practices when dealing with issues not covered by the FRR guidelines.
Strong resolutions
This activity, carried out through its asset managers, enables it to participate in almost all general meetings in order to vote on resolutions in all the countries that make up its developed market equity portfolio.
It should also be noted that there were a significant number of resolutions relating to executive compensation and climate, diversity, and inclusion. Resolutions relating to "Say on climate" continued to increase.
