Pyrford's policy with respect to the voting of proxies is clear and simple. Firstly, if the Trustees of the funds under our management direct us to vote in a particular way, we will of course implement their instructions. In the absence of such instructions from the Trustees, it is Pyrford's policy to consider every resolution individually and to cast a proxy on each issue; the sole criterion for reaching these voting decisions being the best interests of the client. This is part of Pyrford's broader fiduciary responsibility to its clients.
Our full proxy voting policy can be found at the following link: