ISS supports Vital Healthcare's rebel investors

Tue, 18 Dec 2018

By Jenny Ruth Dec. 19 (BusinessDesk) - A key proxy analysis and recommendations firm widely used by New Zealand institutional investors is recommending that investors in Vital Healthcare Property Trust support resolutions put forward by three rebel institutions. Institutional Shareholder Services’ (ISS) advice directly contradicts the advice to unitholders of Vital’s manager, Canada-based NorthWest Healthcare Properties Management. Vital invests in medical properties. ISS is supporting the rebels’ view that the management structure of...

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