The most accurate statement about proxy voting is that the majority of asset owners leave voting decisions to their fund managers after having assessed the alignment between the fund manager’s voting policies and their own.

Leave voting decisions to their fund managers (C): Many asset owners delegate the responsibility of proxy voting to their fund managers. However, they typically do this only after ensuring that the fund managers' voting policies align with their own ESG and investment principles. This allows asset owners to maintain some influence over voting decisions while leveraging the expertise of their fund managers.

Retain direct control of voting (A): While some asset owners do retain direct control, it is more common for them to delegate this task to fund managers.

Delegate voting rights so long as those managers reflect the asset owner's voting policies (B): This is partially correct, but the more comprehensive approach involves assessing the overall alignment of the fund manager’s voting policies with their own before delegating voting rights.