JPMorgan eschews proxy advisers for internal AI tool

This story was originally published on ESG Dive. To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. Dive Brief: JPMorgan Chase’s asset management arm will no longer employ external proxy advisory firms for proxy voting advice at U.S. companies and will instead use an in-house artificial intelligence-powered tool to help make voting decisions, ESG Dive confirmed Wednesday. J.P. Morgan Asset & Wealth Management announced the change in a client memo first reported Wednesda ...