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Tag: institutional investors

Investment Managers Should Brace for Enhanced Proxy Vote Reporting

For nearly 20 years, mutual funds have been required to report to the public on the proxy votes they cast at annual shareholder meetings. The Securities and Exchange Commission now wants even more information about those votes. The SEC anno...

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BlackRock Facing Political Pressure from Both Sides Over ESG

Perhaps it’s the curse of being the world’s largest asset manager, but it seems like BlackRock just can’t win when it comes to ESG investing. No one is shedding any tears for an investment firm with $8.5 trillion in assets under its control...

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Influential Investors Speak Up About ESG Laggards

The world’s largest owner of publicly traded stocks has issued a dire warning for companies that aren’t up to speed with their environmental, social and governance programs. In a recent interview with Bloomberg, executives at Norges Bank In...

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Vanguard Says No on Pay at Alphabet, Uber

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“Over the past year, the pandemic, economic uncertainty, and a historic social justice movement have brought environmental, social, and governance risks into sharp focus.” This comment from Vanguard CEO Tim Buckley is simultaneously one of...

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