JP MORGAN CHASE(US:JPM) Zhi Tong Cai Jing·2026-01-07 13:35Group 1 - JPMorgan Chase's asset management division has immediately severed all ties with proxy advisory firms [1] - The bank will utilize an internal AI-driven platform named "Proxy IQ" to assist in handling voting matters for U.S. companies during the upcoming proxy season [1] - Proxy advisory firms like Glass Lewis and ISS play a significant role in capital markets by providing independent research and voting recommendations to large institutional investors [1] Group 2 - Conservative figures and some business leaders have criticized proxy advisors and large fund management companies for often recommending votes against board decisions and focusing too much on climate and social issues [2] - In December of last year, former President Donald Trump signed an executive order aimed at increasing regulation of the proxy advisory industry, citing that large companies often "advance and prioritize an agenda of radical political motives" [2] - Glass Lewis and ISS have repeatedly denied these allegations [2]