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ISS review: WSIB’s delegated managers vote in line with governance practices amid shifting SEC rules

Washington State Investment Board · April 16, 2026
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Summary

ISS presented an annual review showing WSIB’s delegated global managers generally cast proxy votes consistent with governance norms and manager philosophies; presenters flagged global trends and recent SEC shifts that have reduced shareholder proposals reaching ballots.

ISS provided an annual assessment of proxy votes cast by WSIB’s external managers for the 12‑month period July 2024–June 2025. ISS found managers generally made informed voting decisions aligned with their investment philosophies and the ISS benchmark, while variation across managers reflected differing strategies and…

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