JPMorgan's asset management will no longer use controversial proxy advisors for shareholder votes

Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks during the America Business Forum at Kaseya Center in Miami, Florida, U.S. Nov. 6, 2025.JPMorgan said its asset management division has fully parted ways with controversial proxy advisors for shareholder votes. In an internal memo, the firm said it no longer needs third-party data collection or voting recommendations. Instead, it launched an artificial intelligence tool, Proxy IQ, to aggregate and analyze proxy data from 3,000 ...